You are analyzing a project that has an initial cost of $110,000 and the following expected cash flows: Year 1: $57,600 Year 2: $59,800 Year 3: $72,300 If the required rate of return 10.5%, what is the profitability index of this project? O 0.05 O 0.41 O0.88 O 1.06 O197 DELL -