Good Morning Food, Inc. is using the profitability index (PI) when evaluating projects. You have to find the PI for the companys project, assuming the companys cost of capital is 11.36 percent. The initial outlay for the project is $422,257. The project will produce the following end-of-the-year after-tax cash inflows of

Year 1: $194,864

Year 2: $144,858

Year 3: $399,573

Year 4: $212,279

Round the answer to two decimal places.