You are analyzing a project and have prepared the following data:

Year Cash Flow 0 -169,000

1 46,200

2 87,300

3 41,000

4 39,000

Required payback period 2.5 years

Required return 8.50%

Based on the profitability index of _____ for this project, you should _____ the project. A. .97; accept B. 1.05; accept C. 1.18; accept D. .97; reject E. 1.05; reject

*show all work,steps and formulas