Required information [The following information applies to the questions displayed below.] Cardinal Company is considering a five-year project that would require a $2,860,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 14\%. The project would provide net operating income in each of five years as follows: Click here to view Exhibit 148.1 and Exhibit 148.2, to determine the appropriate discount factor(s) using table. 5. What is the profitability index for this project? (Round your answer to 2 decimal places.) IT 1482 T 148-1 Present Yalue of 51;1(1+)n