The following information is provided by Rojas Company: Project A Project B Project C Project D Initial investment $440,000 $212,000 $570,000 $518,000 PV of cash inflows $586,000 $380,000 $802,000 $402,000 Payback period (years) 3.6 3.2 4.0 2.0 NPV of project $146,000 $168,000 $232,000 ($116,000) What is the profitability index for Project B? (Round your answer to two decimal places.)