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Waterway Corp. is considering purchasing one of two new diagnostic machines. The following estimated data has been determined by management: Click here to view the factor table. Calculate the profitability index assuming an 8% discount rate. (For calculation purposes, use 5 decimal places as displayed in table provided, es. 1.25124 and final answers to 3 decimal places, e.3. 1.251.) Click here to view the factor table. Calculate the profitability index assuming an 8% discount rate. (For caloulation purposes, use 5 decimal places as disployed in table provided, eg. 1.25124 and final answers to 3 decimal places, eg. 1.251.) Based on your answer, which project should the company choose