15 Saved The Foundational 15 LO13-1, L013-2, L013.3, Lo13-5, L013-6) The following information applies to the questions displayed belowj Cardinal Company is considering a five-year would requi useful life of five years and no salvage value. The companys discount rate is 14%. The project would provide net operating income in each of five years as follows year project that would require a $2.755,000 investment in equipment with a Sales Variable expenses Contribution margin Fixed expenses: $2,875,000 1,124,000 1,751,000 Advertising, salaries, and other fixed out-of-pocket costs Depreciation $721,000 551,000 Total fixed expenses Net operating income 1,272,008 479,00e Click here to view Exhibit 138-1 and Exhibit 13B-2. to determine the appropriate discount factors) using table Foundational 13-6 6. What is the project's internal rate of return? (Round your answer to nearest whole percent.) Project's internal rate of return