A company is using the Profitability Index (PI) when evaluating projects. You have to find the PI for the company's project, assuming the company's cost of capital is 9.5%. The initial outlay for the project is $379,000. The project will produce the following after-tax inflows of:
Year 1: $179,424
Year 2: $174,170
Year 3: $197,599
Year 4: $187,281
Round the answers to two decimal points