Wildhorse Manufacturing is evaluating two capital projects. The company's choice will be based on the profitability index. Project #1 has a present value of cash flows of $260,000 and a net initial investment of $176,400 while Project #2 has a present value of future cash flows of $1,066,000 and a net initial investment of $784,000. Click here to view the factor table. Using the present value tables, which project will Wildhorse choose? (Round answers to 3 decimal places, e.g. 2.575.) Project #1 Profitability Index Project #2 Wildhorse should choose since its profitability index is than the profitability index of