The following details are provided by Beckett Company: Initial investment $2,020,000 Discount rate 12% Yearly cash inflows 1 $788,000 2 $680,000 3 $680,000 4 $680,000 5 $788,000 Present Value of $1: 10% 11% 12% 13% 1 0.909 0.901 0.893 0.885 AN O A. $589,080 O B. $252,500 O c. $1,015,050 O D. $959,500 The following information is provided by Cupola Systems: Project A Project B Project Project D Initial investment $422,000 $208,000 $550,000 $520,000 PV of cash inflows $588,000 $394,000 $806,000 $410,000 Payback period (years) 3.6 3.2 4.0 2.0 NPV of project $166,000 $186,000 $256,000 ($110,000) Calculate the profitability index for Project A. (Round your answer to two decimal places.) O A. 1.67 OB. 1.07 O C. 1.05 OD. 1.39