Cardinal Company is considering a project the: would require a $2, 755,000 investment in equipment with a useful 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 $300,000. The company's discount rate is 14%. The project would provide net operating income each year as follows: If the equipment's salvage value was $500,000 instead of $300,000, what would be the project's simple rate of return? (Round your answer to 2 decimal places, (i.e 0.1234 should be entered as 12.34.)) Click here to view Exhibit 11B-1 and Exhibit 11B-2, to determine the appropriate discount factor(s) using tables. 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 50%. What was the project's actual net present value? (Negative amount should be indicated by a minus sign. Use the appropriate table to determine the discount factors), other intermediate calculations and final answer to the nearest whole dollar.) 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 50%. What was the project's actual payback period? (Round your answer to 2 decimal places.) 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 50%. What was the project's actual simple rate of return? (Round your answer to 2 decimal places, (i.e 0.1234 should be entered as 12.34.))