Cardinal Company is considering a five-year project that would require a $2,812,000 investment in equipment with a useful life of five years and no salvage value. The companys discount rate is 16%. The project would provide net operating income in each of five years as follows: Sales $ 2,855,000 Variable expenses 1,010,000 Contribution margin 1,845,000 Fixed expenses: Advertising, salaries, and other fixed out-of-pocket costs $ 798,000 Depreciation 562,400 Total fixed expenses 1,360,400 Net operating income $ 484,600 Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using table. What is the projects net present value?

What is the profitability index for this project

What is the projects internal rate of return?