The following information is provided by Kilmer Systems: Project A Project B Project C Project D Initial investment $436,000 $216,000 $556,000 $520,000 PV of cash inflows $578,000 $380,000 $810,000 $406,000 Payback period (years) 3.2 2.0 NPV of project $142,000 $164,000 $254,000 (5114,000) What is the profitability index for Project C? (Round your answer to two decimal places.) 3.6 4.0 O A. 1.46 OB. 1.38 O C. 1.23 OD. 1.26