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Casplan Sea Drinks is considering buying the J-Mbx 2000. It will allow them to make and sell more product. The machine cost $1.85 million and

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Casplan Sea Drinks is considering buying the J-Mbx 2000. It will allow them to make and sell more product. The machine cost $1.85 million and create incremental cash flows of $581,175.00 each year for the next five years. The cost of capital is 8.87%. What is the profitability index for the J-Mox 2000? Answer format: Number: Round to: 3 decimal places

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