How healthy is the current budget and what is the profitability projection index showing?

I need to make an appropriate recommendation to senior management based on these findings.

Income:
Sales	$8,650,000	Cooking implements and appliances
Investment income	$1,567,000	Real estate investment income and rental of office space
Cost of goods sold (COGS)	($4,690,000)	Cost of provision of goods, purchase of stock, distribution
Gross profit	$5,527,000	Gross profit
Expenses:
Wages, salaries and on costs	$2,567,890	Wages, salaries, superannuation, work cover insurance, payroll tax
Communication expenses	$42,000	Telephone, ISP costs, IT support
Marketing	$920,000	Cost of staff travel and associated costs for sales, etc.
Premises expenses	$1,000,000	Rent, electricity, maintenance, cleaning
Insurance	$120,000	Liability insurance
Depreciation and amortisation	$177,569	Computers and capital equipment that is depreciated
Office supplies	$54,068	Printing and stationery, postage, amenities
Training	$32,187	Sales training: leadership, WHS, ethical/legal training
Total expenses	$4,913,714
Net profit	$613,286	Net income before tax

Profitability index over three years
Profitability index (PI) =	Present value (PV) of future cash flows
Present value (PV) of initial investment
PI>1 indicates project should be undertaken:	FY 2017	FY 2018	FY 2019
Cash flow from operations (minus ongoing operational costs associated with e-commerce such as additional staffing)	$200,000	$500,000	$800,000
Present value of future cash flows (discounted future cash flows with respect to opportunity cost, inflation)	$180,000 + $420,000 + $600,000 = $1,200,000
Present value of initial investment	$861,000
Profitability index	1.39