2 Required information The following information applies to the questions displayed below! Cardinal Company is considering a five-year project that would require a $2.860,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 14%. The project would provide net operating income in each of five years as follows: art 2 of 15 3 015103 $ 2,859,000 1,100,000 1,759,000 Sales Variable expenses Contribution margin Fixed expenses: Advertising, salaries, and other fixed out of-pocket costs Depreciation Total fixed expenses Net operating income $ 700,000 $72,000 1,272,000 5.487.000 Click here to view Exhibit 128.1 and Exhibit 128-2. to determine the appropriate discount factors) using table 2. What are the project's annual net cash inflows? Annual not as inflow 3 Required information [The following information applies to the questions displayed below Cardinal Company is considering a five year project that would require a $2.860,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 14%. The project would provide net operating income in each of five years as follows: 3 of 15 01:50:47 $ 2,059,000 1.100,00 1.799,000 Sales Variable expenses Contribution margin Fixed expenses Advertising, salaries, and other fixed out- of-pocket costs Depreciation Total fixed expenses Het operating income 5.200,000 522,00 3.487.000 Click here to view Exhibit 120 and Exhibit 128-2. to determine the appropriate discount factors) using table 3. What is the present value of the project's annual net cash inflows? (Round your final answer to the nearest whole dollar amount) Pant value