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A six-year project has an initial requirement of $308,000 for fixed assets and $22,750 for net working capital. All of the net working capital will

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A six-year project has an initial requirement of $308,000 for fixed assets and $22,750 for net working capital. All of the net working capital will be recouped at the end of the project. The annual operating cash flow is $89,120 and the discount rate is 8.60 percent What is the Profitability Index? Enter as whole number with two decimal places and no percent sign (1.23). Numeric Response

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