Windsor Inc. is considering a capital project costing $48550. The project is projected to provide annual cost savings of $18000 for the first 2 years and $16000 for the third year. The expected salvage value is $0 and the company uses straight-line depreciation. Assuming a 10% rate of return, what is the project's profitability index? Present Value PV of an Annuity of 1 at 10% of 1 at 10% Year 1 0.909 0.909 0.826 1.736 N 3 0.751 2.487 1.97. O 2.06. 01.06. O 0.89