Present Value Index Hot on the Spot Doughnuts has computed the net present value for capital expenditure at two locations. Relevant data related to the computation are as follows: Total present value of net cash flow Less amount to be invested Net present value a. Determine the present value index for each proposal. Round your answer for the present value index to two decimal places Mission City $286,900 302,000 $(15,100) Cedar Rapids $380,540 359,000 $21,540 Mission City Cedar Rapids Total present value of net cash flow Amount to be invested Present value index b. Which location does your analysis support? (If both present value indexes are the same, either location will grade as correct.)