The project cash flows and NPVs for Projects A and B are provided in the table below. Which project has a higher profitability index?

Project A Project B

Year $0-$$$1,900-$$$2,000$

Year $1$ S$2,500$ $$1,550$

Year $2$ $$1,500$ $$1,900$

NPV S$1,408\mathrm{.}12$ $$784\mathrm{.}50$