Shaylee Corp has $2.20 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 740,000 S 420,000 S 980,000 S 1,135,000 510,000 1,750,000 1,210,000 955,000 Required: 1. Is Shaylee able to invest in all of these projects simultaneously? O No O Yes 2-a. Calculate the profitablity 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 profitablity Index? Rank Project A Project B Project C Project D