Problem 8-17 NPV and Profitability Index [LO 4,6] Dahlia Manufacturing has the following two possible projects. The required return is 12 percent. Year 0 1 2 3 4 Project Y -$31.000 14.000 12,400 14,800 10,400 Project z -$60,000 24,000 23.000 22,000 21,000 Required: (a) What is the profitability index for each project? (Do not round intermediate calculations. Round your answers to 3 decimal places (e.g., 32.161).) Profitability index Project Y Project z (6) What is the NPV for each project? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) NPV $ Project Y Project 2 (c) Which, if either, of the projects should the company accept? (Click to select)