Good Morning Food, Inc. is using the profitability index (PI) when evaluating projects. You have to find the PI for the company's project, assuming the company's cost of capital is 12.92 percent. The initial outlay for the project is $306,467. The project will produce the following end-of-the-year after-tax cash inflows of

Year 1: $182,276

Year 2: $31,901

Year 3: $384,009

Year 4: $347,220

Round the answer to two decimal places.