Consider the following projects: Project D E Cash Flows ($) -11,300 -21,300 C1 22,600 37,275 Assume that the projects are mutually exclusive and that the opportunity cost of capital is 9%. a. Calculate the profitability index for each project. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Project Profitability Index D 1.84 1.61 E b-1. Calculate the profitability-index using the incremental cash flows. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Profitability-index 1.35%