Shaylee Corp has $2.00 million to invest in new projects. The company's managers have presented a number of possible options that the board must prioritize. Information about the projects follows: Project A Project B Project C Project D Initial investment $ 560,000 $ 240,000 $ 800,000 $ 955,000 Present value of future cash flows 775,000 420,000 1,210,000 1,570,000 Required: 1. Is Shaylee able to invest in all of these projects simultaneously? Yes O No 2-a. Calculate the profitability index for each project (Round your answers to 4 decimal places.) Profitability Index Project Project B Project C Project D 2-b. What is Shaylee's order of preference based on the profitability index? Rank Project A Project B Project C Project D