Cardinal Company is considering a five-year project that would require a $2,955,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 18%. The project would provide net operating income in each of five years as follows: $2,865,000 1,015,000 1,850,000 Sales Variable expenses Contribution margin Fixed expenses Advertising, salaries, and other fixed out-of-pocket costs $750,000 Depreciation Total fixed expenses 591,000 1,341,000 509,000 Net operating income Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using table Foundational 13-5 5. What is the project profitability index for this project? (Round your answer to 2 decimal places.) Project profitability index 0.00