rrent Attempt in Progress

Larkspur Corp. has an $8\%$ required rate of return. It's considering the purchase of a capital asset with an initial cost of $$184000$ that would provide annual cost savings of $$51000$ for the first two years and $$62000$ for the third and fourth years of its life. What is the profitability index for this potential investment?

$\backslash$table$[[$Year$,\backslash$table$[[$Present Value$],[$of $1$ at $8\%$