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Please assist Good Morning Food, Inc. is using the profitability index (PI) when evaluating projects. You have to find the PI for the company's project,

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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 6.10 percent. The initial outlay for the project is $463,191. The project will produce the following end-of-the-year after-tax cash inflows of

Year 1: $124,031

Year 2: $138,621

Year 3: $72,609

Year 4: $459,290

Round the answer to two decimal places.

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