The treasurer of Tropical Fruits, Inc., has projected the cash flows of Projects A, B, and C as follows: Year Project A Project B Project C $170,000 $320,000 320,000 170,000 $ 1 114,000 208,000 124,000 2 114,000 208,000 94,000 Suppose the relevant discount rate is 12 percent per year. a. Compute the profitability index for each of the three projects. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. Compute the NPV for each of the three projects. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) a. Project A profitablity index 1.14 Project B profitability index 0.61 Project C profitability index 1.14 b. Project A NPV $ 22,665.82 Project B NPV $ 31,530.61 Project C NPV $ 15,650.51 c. Suppose these three projects are independent. Which project(s) should the company accept based on the profitability index rule? Project A Project B O Project C Project A, Project B, Project C Project A, Project B Project A, Project C O Project B, Project C d. Suppose these three projects are mutually exclusive. Which project(s) should the company accept based on the profitability index rule? Project A Project B Project C O Project A, Project B, Project C Project A, Project B Project A, Project C Project B, Project C e. Suppose the budget for these projects is $490,000. The projects are not divisible. Which project(s) should be accepted? Project A Project B Project C Project A, Project B, Project C O Project B, Project C Project B, Project A O Project A, Project C