Cardinal Company is considering a five-year project that would require a $3,025,000 Investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 16%. The project would provide net operating income in each of five years as follows: $2,737,000 1.001.000 1.736,000 Sales Variable expenses Contribution margin Fixed expenses Advertising, salaries, and other Eixed out-of-pocket couts Depreciation Total fixed expenses Net operating income $ 610,000 605,000 1,215,000 $ 521,000 Click here to view Exhibit 148.1 and Exhibit 148-2, to determine the appropriate discount factor(s) using table. Required: 1. Which item(s) in the income statement shown above will not affect cash flows? (You may select more than one answer Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as Incorrect.) DOUNT - Present Value of St 3 5 7 9 10 41 14 103 12 55 10 10 191 20 23 27 24 09020952090 0925 0.923 0.90 0.805 0.100 090 0901 0390 0885 0.8770870 0362 0.855 0.347 0340 0820926 080 0813 0925 0.07 0.890 0813057 0342 0325 0812 0797 0.783 0769 07560743 0731 0.718 0705 0.063 0672 0.601 06500 600 0.809 0554 0.540.3 0.794 0772 0.751 0731 0712 0692 0.6750658 0641 0624 0609059305790564 0.551 05370524 0512 085502 0.792 073 07:1507080083 0659 0.636 060 0592 0.572 01552 0534 0516 0.499 0.42 0.467 0.451 0.437 0423 0410 0122 0714 0.747 0713 0.61 0.650 062105930567 053 05190497 0.476 0456 0.437 0.419 0.402 0.386 03700355 0341 0.328 O 0766 0.705 0.666 0630 059 0564 0.535 0.507 0480 0.456 0432 04100390 0370 0.3520335 0.319 03030.299 0275 0.262 07600 0.665 0.623 058 0542 050 0482 0.452 0425 0.400 0.376 0354 0.330 0.3140296 0779 0263 0249 0.2350222 0.210 OX 0677 0.67 0.582 05400502 04670434 0404 0376 0.351 0.327 03050285 02660249 0.233 0.21 0.204 0.19 0179 0188 0.7030645 0.582 0544 0.500 0.460 0424 0.31 0361 0333 0.30 0.284 02630213 0225 0209 0194 0.190 0.167 0155 0.164 014 0676 00140558 0.500 0.403 0.422 0.300.352 0.122 0295 0.270 0247 0227 0.20 0191 0176 0162 0549 0007 0.126 0116 0.107 0650 055 057 0.475 0429 0.388 0.250 0.31 0.282 0201 0.237 0215 01950173 01620100135 0.123 0113 0.003 0.001 0.006 0.025 0.552 0.497 0.44 0.97 0.356 0319 0206 025 0231 0.208 0907 038 0152 01370124 0112 OS20092 0.003 00200009 0601 030 00:45 0.360032 0.29002580229 0.204 0112 0.00145013001 0104 0093 0.04 0.075 0.0080061 0.055 050505 042030 02:00 0299 02630232020501 0.00014 01250 0.0990088 0.078 0009 0062 0.055 00490044 03550 0.41032031502750230 0.209 03 0.00010001230108 0.005 0.0040074 0065 0057 0051004500000005 0534 04540304 03 0292 0.25021018030141 0201070093 0.001 0.07 0062 0054 0.047 0042003600120020 00045 0:0:31) 077002710190 01700012501000093 0000 0000 0000 00520045 0.039 004 0000 0026 00 0454 0.450.350 02 0.250 020 0100 01570030011 0.00 0.00 0.00900500051 000 0038 0.032002300240021001 0.00396 0331 027 022 0101 01640001 0.008 0000 000 0000 0051004300700010027 0025 0.0200017001 0.456 07032025802150090174 0000700730001005100000000000200022 000 000 001 0.012 000 00294 020 019 0161 0950112 000 007 0064 005 0044 000 000100200022 0.018 00150000000000 002034202710220074 0.150010101 0000000000000000310032 0.0250022000015001001 0406 0202020211 0.000000 07 0112 000100000000000000000021 022 0.010015 0.300.310 020 019 0158 0002001000000000000 0126 090200000064 0053 000 0005 00200033 0.010 0375 0295 0213090400 00150000000000000700060005 00920100500000000000240620 004 0000000000001000500050003 030201022007209503600000000002600000000 0317020802020360000000000000000000230001001 00000000006000500040003 03 095 096 0150000000 540000000000000000000000000000000000040000000000 000000700060005000400000 02210240135 000020000150027002 0032 0.00700000000000000000000000000 000140099001500570413033000000000150000000000000000000000000001 70 13 10 20 31 22 23 24 29 10 GTM-Pret Value of an annuity of 51 in Art 1 2 5 6 7 9 10 11 12 14 Us 1 1 19 20% 223 23 20 090202 0913 0.935 0926 0917 09090901 0.893 ORES 0.87 0.870 0.362 0155034708400333 0825 0320 083 08060.000 13 19 1736 170 1600 1668 167 1626 1605 1585 1565 1547 1528 1509 1492 1674 1457 1400 2.723 2.678 2520 2577 2501 24117 2444 2.402 2361 2322 223 2246 2210 2174 2.100 206 2074 2012 2011 1901 1952 1630 2465 27 2.212 3240 1170 3102 3037 2574 294 2955 2.738 2743 2090 2.639 2589 2540 2494 2448 2404 2362 4052 4329 4.212 4500 3.93 1000 3.791 262 36051517 2.233352322429993127 3058 2.991 2926 2864 2.303 2745 2689 SOM 4917 4.767 4623 100 54721 3.9983.09 3.734 3.6551509349937490 2326 3.245 3.367 30923.0202951 0002 5706 5199 5.200 5.03 44712 4564 4.423 420 4100 4039 3922 3.812 370636053508 145 3.327 3242 1161 6733 64536.210 5971 5707 5.535 5.5 5116 49 4790 4.609 4487 4.344207 40781954 3837 3.7263619 518 342113129 7435 20 0.802 6555 6240 5.995 5759 5527 52 5132 49464772 4.6074451 430343 4.001 30053785367335663.400 7322 7360 7024 6710 6410 6545 58895.650 5425 5216 501484659 449443094192 4054 1923 379935823.571 11.760 8306 7887 7499 7139 6.105 6.4956207 5938 56 5.0505234 5.029 4306 4056 4.495 4327 47 4035 3.902 37783655 35 8.383 384 12.90 7535 21 6014492194 595.000 5.421 5197 498 4792461 449 4.270 4.122 1985 1851 1725 9.990 2394 3153358 7904 WAT 7103 6.750 6.624 622 58425583 5.342 518 400 75 45334362 4200 405339123.750 10.56398999285 BM5 8241 2200 736 6.902 66296302 0.002 57245.00 5.229 50084302 4.011 4432 4265 100 3.902 1024 10 10300712 3.001 7605 7191 68116,452 61253475.575 5324 509248754675 4.409 43154153 4001 2050 T105210330 10.00947 251 30 7324737907 6.604 6.265 554 5.660 5.405 5162 493 47304596 357 41094003307 1915 1204779763 122 8544 OZ2754 2120 672963730475749 5.475 5222 49904775 454391 12.650 1160000 100509372 421005D 1910 0.750 2017200 1250 6.500 646267280534 5275 033 481246084419 04 2005 120 40003921 10.300 2004 0.950 0.365 730 73066938 6550 577 594 516 500 4304.605444242640973942 12500 12462147010504 9129 5790374007025 0.023 620 5929 5628 503 5.101 410 465744604279410 1954 1403962164 1000 100179292 1649 07525027100 6.67 62 597 565 534 512743 675 42924771 2003 00421100 10.201 9442 172170 1645 270 670 6150 cm 5.000 5410 5149 4900 4000 4400302 400 13.02.2012 10:37 3.970 723067920999004572 502 502 1520727055016090529707 1935 47034439 40 1970 8341 77847203235040073 70 54515102937470 15020278314541067593 45074740 2901 9.07742278437030673400097 5.7065467519549484721 451441234 3085 001 2000 2920 30421 6.700 500 520005621 4520 41234151 1093527 9.23751440961551157502 5215 14081106 2007 2064 14 105 4524334154 950700753474415.961654619 5.10 5.5025223490473 02278581 9370 65016927470655165105229405153143115290 251 017052400 11250 10211221694055 2056700355665.829551752352097 455413005 6642 6230 S5.540 550 000 19 20 23 20 22 30 29 Required: 1. Which item(s) in the income statement shown above will not affect cash flows? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) 2 Sales Variable expenses Advertising, salaries, and other fixed out-of-pocket costs expenses 2 Depreciation expense 2. What are the project's annual net cash inflows? Annual net cash inflow 4. What is the project's net present value? (Round final answer to the nearest whole dollar amount.) Net present value 5. What is the profitability index for this project? (Round your answer to 2 decimal places.) Profitability index