P 8-37 (similar to) Question Help 0 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 10%. The following table summarizes the initial cost and the sale price in three years for each property Parkside Acres Real Property Estates Lost Lake Properties Overlook Cost Today $540,000 970.000 530.000 40,000 Sale Price in Year 3 $1,040,000 1,570,000 930,000 240.000 Kartman has a total capital budget of $580,000 to invest in properties. Which properties should it choose? The profitability index for Parkside Acres is (Round to two decimal places) Enter your answer in the answer box and then cox Check