Shaylee Corp has S2.40 millon 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: Project A Project B Projeat C Project D S 670,000 350,000 S 910,000 1,065,000 885,000 475,000 ,400,000 1,560,000 Present value of future cash lows Required: 1. Is Shaylee able to invest in all of these projects simultaneously? O Yes O No 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 profitability index? Rank Project A Project B Project C Project D