Required information [The following information applies to the questions displayed below. Cardinal Company is considering a five-year project that would require a $2,810,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 16%. The project would provide net operating income in each of five years as follows: $2,847,000 1.121.000 1,726,000 Sales Variable expenses Contribution margin Fixed expenses Advertising, salaries, and other fixed out-of-pocket costs Depreciation Total fixed expenses Net operating income $ 782.000 562,000 1,344,000 $ 382.000 Click here to view Exhibit 130.1 and Exhibit 130-2. to determine the appropriate discount factor(s) using table. 5. What is the project profitability Index for this project? (Round your answer to 2 decimal places.) Project profitability index