Bonnie has the opportunity to purchase a large Victorian home for $706,316. She will need to spend additional $100,774 to renovate and convert to a bed and breakfast. She estimates the following after tax cashflows. Year 6 cashflow includes the terminal value of the venture. What is the Profitability Index of the venture if Bonnie's cost of capital is 11% (round to the 2 decimal places).

Year	Cash-flows
1	77,055
2	118,487
3	131,870
4	148,420
5	146,162
6	1,069,848