The Sloan Corporation is trying to choose between the following two mutually exclusive design projects:

Year	Cash Flow		Cash Flow
	(I)		(II)
0	$55,000		$18,900
1	25,000		10,150
2	25,000		10,150
3	25,000		10,150

If the required return is 10 percent, what is the profitability index for both projects? (Do not round intermediate calculations. Round your answers to 3 decimal places, e.g., 32.161.) Profitability Index Project I ??

Project II??

What is the NPV for both projects? (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

NPV Project I ??

Project II $??