Shenandoah Springs Company is considering two investment opportunities whose cash flows are provided below Year 0 1 2 3 4 Investment A $(19,000) 6,440 6,440 6,440 5,280 Investment B $(13,800) 6,440 5,280 4,760 2,920 The company's hurdle rate is 12%. What is the present value index of Investment B? (PV of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round your intermediate calculations. Round your answer to two decimal points.)