Cardinal Company is considering a project that would require a $2,805,000 investment in equipment with a usefui life of five years. At the end of five years, the project would terminate and the equipment would be sold for its salvage value of $400,000 The company's discount rate is 14%. The project would provide net operating income each year as follows: Click here to view Exhibis 104 and Extioit 10-2, to determine the appropriate discount foctor(s) using tables. Required: What is the present value of the project's annual net cash inflows? (Round discount foctor(s) to 3 decimal ploces and final answer to the nearest dollar amount.)