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 7.90 percent. What is the Profitability Index? Enter as whole number with two decimal places and no percent sign (1.23). Numeric Response