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 Project B Project C Project D $ 680.000 $ 360.000 $ 920,000 $1,075,000 895,000 480,000 1,450,000 1,510,000 Required: 1. Is Shaylee able to invest in all of these projects simultaneously? ONO OYes 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? Answer is complete and correct. Rank 4 3 Project A Project B Project C Project D 1 2