Sweet Tooth Candy Company has computed the net present value for capital expenditure at two locations. Relevant data related to the computation are as follows:

Carolina Jersey

Total present value of net cash flow $$312,090$ $$346,560$

Less amount to be invested $303,000361,000$

Net present value $$9,090$ $$(14,440)$

a$.$ Determine the present value index for each proposal. Round your answer for the present value index to two decimal places.

Carolina Jersey

Total present value of net cash flow $fill in the blank $1$

$fill in the blank $2$

Amount to be invested $fill in the blank $3$

$fill in the blank $4$

Present value index fill in the blank $5$

fill in the blank $6$

b$.$ Which location does your analysis support?