Set up for Project Tube Box SE II

Currently I am using a Denon DL-110 in conjunction with a Project Tube Box SE II and then in to a Rogue Cronus integrated; the turntable is a Project Debut. The stated output of the Denon DL-110 is 1.6mV and as a result, it is connected to the MM input of the Project phono stage. I have several options for setting the capacitance on the phono stage including 120, 220, 340, and 440 pF/47k ohms. The Denon does not specify any capacitance value, so my question is what would be the best setting to choose? Is it just a matter of listening for different tonal characteristics, and if so, what should I look for? Or, is there another more objective way to determine the correct setting for this, or any other MM cartridge?
Thanks.