Year 11234 Cash Flow Year Cash Flow $ 29,000 1 $ 39,000 27,000 18,000 2 32,000 3 33,000 21,600 4 35,000 . Calculate the profitability index for project X. Note: Do not round intermediate calculations and round your answer to 2 decimal places. Profitability index . Calculate the profitability index for project Y. Note: Do not round intermediate calculations and round your answer to 2 decimal places. Profitability index c. Which project would you select based on the profitability index? O Project X O Project Y Check