Cardinal Company is considering a five-year project that would require a $2,955,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 18%. The project would provide net operating income in each of five years as follows: $2,865,000 1,015,000 1,850,000 Sales Variable expenses Contribution margin Fixed expenses Advertising, salaries, and other fixed out-of-pocket conta Depreciation Total fixed expenses Net operating income $750,000 591,000 1,341,000 $ 509,000 Click here to view Exhibit 128:1 and Exhibit 128-2. to determine the appropriate discount factor(s) using table. 2. What are the project's annual net cash inflows? Annual net cash inflow Cardinal Company is considering a five-year project that would require a $2,955.000 investment in equipment wiha useful life of five years and no salvage value. The company's discount rate is 18%. The project would provide net operating Income in each of five years as follows: $2,865,000 1,015,000 1,850,000 Sales Variable expenses Contribution margin Fixed expenses Advertising, salaries, and other fixed out-of-pocket costa Depreciation Total fixed expenses Net operating income $750,000 591,000 1,341,000 $ 509,000 Click here to view Exhibit 128-1 and Exhibit 12B-2. to determine the appropriate discount factor(s) 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.) Present value 4. What is the project's net present value? (Round discount factor(s) to 3 decimal places and final answer to the nearest wh dollar amount.) Net present value 5. What is the project profitability index for this project? (Round your answer to 2 decimal places.) Project profitability index 6. What is the project's internal rate of return? (Round your answer to nearest whole percent.) % Project's internal rate of return 7. What is the project's payback period? (Round your answer to 2 decimal places.) Project's payback period years 8. What is the project's simple rate of return for each of the five years? (Round your answer to 2 decimal places.) % Simple rate of return