Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.60 million and create incremental cash flows of $505,059.00 each year for the next five years. The cost of capital is 9.22%. What is the profitability index for the J-Mix 2000?

Answer format: Number: Round to: 3 decimal places.