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 Present value of future cash flows Project A Project B Project C Project D S 560,000 240,000 800,000 955,000 775,000 420,000 1,210,000 1,570,000 Required: 1. Is Shaylee able to invest in all of these projects simultaneously? O Yes 0 No 2-a. Calculate the profitability index for each project. (Round your answers to 4 decimal places.) Profitability Index Project A 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