This set of problems is designed to be calculated using the Excel or financial calculator. Do not use financial tables to calculate these problems. Question 3 (1 point) Good Morning Food, Inc. 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 5.88 percent. The initial outlay for the project is $449,955. The project will produce the following end-of-the-year after-tax cash inflows of Year 1: $138,480 Year 2: $82,612 Year 3: $140,090 Year 4: $485,104 Round the answer to two decimal places. Your