Shaylee Corp has $2.40 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 $ 670,000 $ 885,000 Project B 350,000 $ 475,000 Project C Project D 910,000 $ 1,065,000 1,400,000 1,560,000 Required: 1. Is Shaylee able to invest in all of these projects simultaneously? O Yes O 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