The Fitness Center is considering including a treadmill in this year's capital budget. The cash outlay for the treadmill is $ 1 comma 590$1,590. The firm's cost of capital is 7.4 %7.4%. After-tax cash flows, including depreciation, are as shown in the table below. Calculate the profitability index (PI) for this project.

End of Year Cash Flow

1 $ 520

2 $520

3 $520

4 $520

5 $520

The present value of the cash inflows is ______.

(Round to the nearest cent.)

The profitability index is _______.

(Round to two decimal places.)