Sheffield Manufacturing is considering three capital investment proposals. At this time, the company has funds ilable available to pursue only one of the three investments. (Click the icon to review the proposals.) Requirement Which investment should Sheffield Manufacturing pursue at this time? Why? i Data Table X Equipment A Equipment B Equipment C Present value of net cash inflows $ 1,700,000 $ 1,960,000 $ 2,205,000 Investment... (1,360,000) (1,750,000) (2,100,000) $ NPV.... 340,000 $ 210,000 $ 105,000 Since each investment presents a positive NPV, Luton Manufacturing should use the profitability index to compare the profitability of each investment. Use the method selected above to compare the profitability of each investment beginning with Equipment A. (Enter all amounts as positive numbers. Round your final answer to two decimal places.) Equipment A Equipment B $ $ $ Present value of net cash inflows Divide by: Initial investment Profitability index Equipment C $ $ Which investment should Luton Manufacturing pursue at this time? Why? Luton should invest in Equipment C as it is the most profitable project