help solve question 4?

QUESTION 4 Al Industries, Inc. is considering a four-year project that has an initial investment of $800,000. The respective future cash inflows from this project for years 1,2,3, and 4 are: 1) $400,000, 2) $320,000, 3) $240,000, and 4) 160,000. AJ's cost of capital is 15.5%. What is the project's profitability Index? Based on this, should the project be accepted? Why or why not? O A 0.96; reject because PI 1.0 O C. 1.40; accept because Pl> 1.0 OD 1.04; accept because Pl> 1.0 O E. 17.804; accept because Pl> cost of capital QUESTIONS the project should be accepted. If the is greater than the O A IRR: cost of capital OB.IRR: NPV Chick Save and Submit to save and submit. Click Save All Answers to save all answers