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 16%. The project would provide net operating income in each of five years as follows Sales Variable expenses Contribution margin Fixed expenses: $2,871,000 1,018,000 1,853,000 Advertising, salaries, and other fixed out-of-pocket costs Depreciation 753,000 591,000 Total fixed expenses , 344,000 $ 509,000 Net operating income Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using table 13. Assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratico which actually turned out to be 45%, what was the project's actual net present value? (Negative amount should be indicated by a minus sign. Round discount factor(s) to 3 decimal places, intermediate calculations and final answer to the nearest whole dollar amount.) Net present value 14. Assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratio which actually turned out to be 45%, what was the project's actual payback period? (Round your answer to 2 decimal places.) Payback period years 5. Assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratio, which actually turned out to be 45%, what was the project's actual simple rate of return? (Round your answer to 2 decimal places.) Simple rate of returr