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: Initial investment Project A Project B Project C Project D $ 421,000 $236,000 $ 726,000 $ Present value of future cash flows 771,000 951,000 421,000 1,206,000 1,566,000 Required: 1. Is Shaylee able to invest in all of these projects simultaneously? 2-A. Calculate the profitability index for each project. 2-B. What is Shaylee's order of preference based on the profitability index? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1 Req 2A and 2B 2-A. Calculate the profitability index for each project. (Round your answers to 4 decimal places.) 2-B. What is Shaylee's order of preference based on the profitability index? Profitability Index Rank Project A 1.83131 Project B Project C 1.783821 1.66113 Project D 1.6466 4