A proposal is on your desk. The project has an upfront cost of $89,000. For the first two years, the project will generate an annual cash inflow of $27,000. For years 3 to 5, the annual cash inflow will be $33,000. What is the project's profitability index if the cost of capital is 15%? Select one: a. 1.07 b. 1.05 C 1.13 d. 1.10 e. 1.17