You are analyzing two proposed capital investments with the following cash flows:

Year	Project X	Project Y
0	- $20,000	- $20,000
1	13,630	7,070
2	5,660	7,070
3	5,660	7,070
4	1,820	7,070

The cost of capital for both projects is 10 percent.

Calculate the profitability index (PI) for each project. (Do not round discount factors. Round intermediate calculations to 2 decimal places, e.g., 15.25 and final answers to 4 decimal places, e.g., 1.2527.)

The PI for project X is _____ and the PI for Project Y is 1.14.