A project requires an initial cash flow of -$744,000 that is expected to be followed by a series of $340,000 annual inflows in years 1 through 5. Because the firm has a limited number of engineers that it can employ on new projects this year, management would like to assess a profitability index that represents the current project's NPV per engineer employed. The project requires 13 engineers, and the appropriate cost of capital is 14%. Compute the profitability index for this project, and round your answer to the nearest dollar. Be sure to use a negative sign (-) if your answer is a negative number.

Excel Preferably, thank you!!