Hebron Souvenirs plans to invest in a new souvenir boutique. Hebron will invest $52,207. The total after tax cash flows are $26,255 for year 1. $30,539 for year 2. $32,480 for year 3 and $27.549 for year 4. The required rate of return on the similar projects is 5.6 percent. Calculate the profitability index of the boutique. Round up your answer to two decimal places