Consider the following two mutually exclusive projects: Year Cash Flow (B) 0 Cash Flow (A) 351,000 44,000 64,000 64,000 439,000 $ 49,500 1 2. 3 4 23,900 21,900 19,400 14,500 Whichever project you choosd, if any, you require a return of 14 percent on your investment e-1 What is the profitability index for each project? (Do not round Intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) 26 Project A Project B e-2If you apply the profitability index criterion, which investment will you choose? Project A O Project B f. Based on your answers in (a) through (e), which project will you finally choose? Project B