Q5. please show work and explain!

Question 5 7 pts Common Paine, Inc. is considering a project with the following set of cash flows: Year Cash Flow o - $ 18,700 1 11,000 2 9,900 3 6,400 If the project's required return is 23 percent, should the firm accept the project based on the profitability index rule and why? O Yes, the profitability index (0.980) is less than one. Yes, the profitability index (1.012) is greater than one. O No, the profitability index (0.980) is less than one. No, the profitability index (1.012) is greater than one. The profitability index is not a suitable rule to use to evaluate this project