Cardinal Company is considering a five-year project that would require a $2,855,000 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: Click here to view and to determine the appropriate discount factor(s) using table. 1. If the equipment had a salvage value of $300,000 at the end of five years, would you expect the project's net present value to igher, lower, or the same