Sun Company Is Considering Purchasing New Equipment Costing $350,000 Using the Table Below, Please Calculate the Profitability Index of Management

Sun Company is considering purchasing new equipment costing $350,000. Sun's management has estimated that the equipment will generate cash inflows as follows:
$\begin{array}{|l|l|}\hline \text { Year 1 } & \$ 100,000 \\\hline \text { Year 2 } & \$ 100,000 \\\hline \text { Year 3 } & \$ 125,000 \\\hline \text { Year 4 } & \$ 125,000 \\\hline \text { Year 5 } & \$ 75,000 \\\hline\end{array}$
Using the table below, please calculate the profitability index of the project using a discount rate of 10%. Please round all calculations to the nearest whole dollar.
$$\begin{array} { | r | r | r | r | r | r | r | } \hline \begin{array} { l } \text { Prefent Value } \\\text { of \$1 }\end{array} & & & & & & \\\hline & 5 \% & 6 \% & 7 \% & 8 \% & 9 \% & 10 \% \\\hline 1 & 0.952 & 0.943 & 0.935 & 0.926 & 0.917 & 0.909 \\\hline 2 & 0.907 & 0.890 & 0.873 & 0.857 & 0.842 & 0.826 \\\hline 3 & 0.864 & 0.840 & 0.816 & 0.794 & 0.772 & 0.751 \\\hline 4 & 0.823 & 0.792 & 0.763 & 0.735 & 0.708 & 0.683 \\\hline 5 & 0.784 & 0.747 & 0.713 & 0.681 & 0.650 & 0.621 \\\hline\end{array}$$

A) 1.67
B) 2.07
C) 1.20
D) 1.14