Kartman Corporation is evaluating four different real estate investments. Management plans to buy the properties today and sell them three years from today. The annual discount rate for these investments is 12%. The following table summarizes the initial cost and the sale price in three years for each property:

	Cost Today	Sale Price in Three Years
Parkside Acres	$410,000		$810,000
Real Property Estates	840,000		1,440,000
Lost Lake Properties	660,000		1,040,000
Overlook	120,000		320,000

Kartman has a total capital budget of $840,000 to invest in properties. Which properties should it choose?

(Find profilability index for each property)