Wakefield Company management evaluates future projects based on their profitability index. The company is currently reviewing five similar projects and must choose one project. Pertinent information regarding the projects is as follows. 
Which project should Wakefield Company select if the decision is based entirely on profitability index?
Definitions:
Comparative Advantage
The ability of an individual, firm, or country to produce a certain good at a lower opportunity cost than its trading partners.
Total Output
Total output refers to the total value of all goods and services produced in an economy over a specific period.
Specialization
The process by which individuals or entities focus on producing a single or a few products or services, leading to increased efficiency and productivity in the economy.
Opportunity Cost
The economic consequence of overlooking the following preferred choice in making a decision.
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