What Is the Profitability Index of the Boeing 787 Dreamliner

What is the Profitability Index of the Boeing 787 Dreamliner project? The Boeing 787-8 can carry 230 passengers up to 8,200 nautical miles at a cruising speed of mach 0.85.The Dreamliner is more comfortable for passengers because of higher cabin humidity.Boeing completed construction its assembly plant in Everett Washington in December 2007 at a total cost of $7B.Boeing has secured sales of 865 aircraft over the period 2008-2012 for total proceeds of $138.4B ($160M per aircraft) .The cost of building each plane is $140M.Assume that sales (and costs) occur in December of each year.Assume that sales are spread evenly across the five years from 2008-2012.The project cash flows are shown in the table,below.What is the Profitability Index of the project if Boeing's cost of capital is 10%? Calculate the index as of December 1,2007.Ignore taxes.

A) -1.52
B) -0.44
C) 1.06
D) 1.87
E) 2.43