Pascal Company is considering a five$-$year project that would require a $$1,100,000$ investment and life of five years. The company's discount rate is $18\%$ and their marginal tax rate is $34\%.$ The project would provide annual before tax operating income of $$620,000$ in each of five years. Rounded to three decimal places, the profitability index for this project would be:

Multiple Choice

$1\mathrm{.}163$

$1\mathrm{.}763$

$1\mathrm{.}837$

$1\mathrm{.}186$

None of the above