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You are analyzing two proposed capital investments with thefollowing cash flows: Year Project X Project Y 0 - $20,000 -$20,000 1 12,530 6,570 2 6,360 6,570 3 6,160 6,570 4 2,020 6,570The cost of capital for both projects is 10 percent. Calculate theprofitability index (PI) for each project. (Do not round discountfactors. Round intermediate calculations to 2 decimal places, e.g.15.25 and final answer to 4 decimal places, e.g. 1.2527.) The PIfor project X is and the PI for project Y is . Which project, orprojects, should be accepted if you have unlimited funds to invest?If you have unlimited funds you should invest in . Which projectshould be accepted if they are mutually exclusive? If they aremutually exclusive you should invest in .