0 Required information [The following information applies to the questions displayed below.) Cardinal Company is considering a five-year project that would require a $2870000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 12% The project would provide net operating income in each of five years as follows: Sales Variable expenses contribution margin Fixed expenses: $2,861,000 1,101,000 1,760,000 Advertising, salaries, and other 705,000 574,000 fixed out-of-pocket costs Depreciation 1,279,000 481,000 Total fixed expenses Net operating income Click here to view Exhibit 12B-1 and Exhibit 128-2, to determine the appropriate discount factorts) using table. 5. What is the project profitablity index for this project? (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. 1.32 ro ex 6. What is the project's internal rate of return? (Round your answer to nearest whole percent.) roject's internal rate of return 8. What is the project's simple rate of return for each of the five years? (Round your answer to 2 decimal places.) imple rate of return 13. Assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratio which actually turned out to be 50%. what was the project's actual net present value? (Negative amount should be indicated by a minus sign. Round discount factor(s) to 3 decimal places, intermediate calculations and final answer to the nearest whole dollar amount.) et present value 14. Assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratio, which actually turned out to be 50%. what was the project's actual payback period? (Round your answer to 2 decimal places.) ayback period years 15. Assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratio, which actually turned out to be 50%. what was the project's actual simple rate of return? (Round your answer to 2 decimal places.) Simple rate of return