why is project y index wrong?

Problem 3 Shilling Company is evaluating two different capital investments, Project X and Y. Either X or Y would cost $210,000, and the company cannot afford to do both. The company expects that Project X would provide net cash inflows of $62,000 per year for 5 years. For Project Y, the net cash inflows are expected to be as follows: Cash flows from Project Y 44,000 48,000 Year 6000 nts (62.000x3.07 23502 210000 4 76,000 80,000 308,000 Total Shilling's cost of capital is 10%. Required: 1) Calculate the present vakie index for Project X and for Project Y. Round your answer to three decimal Triflaos 305,00 CUS 210,000. places. Project X Project Y(