Present Value Index Montana Grill has computed the net present value for capital expenditures for the Billings and Great Falls locations using the net present value method. Relevant data related to the computation are as follows: Total present value of net cash flow Amount to be invested Billings Great Falls $219,520 $275,010 267,000 224,000 a. Determine the present value index for each proposal. Round to two decimal places. Present Value Index Billings Location Great Falls Location b. If Montana Grill can fund only one location, which location should be funded? Great Falls