Casey Neilson is a divisional manager for Pigeon Company His annual pay rases are largely detormined by his desor's return on investment (ROI), which has been above 23% each of the last three years Casey is considering a capital budgeting project that would require a $5.800.000 investment in equipment with a useful lde of five years and no salvage value p geon Companys discount rate is 19% The proect would provide net operating income each year for five years as follows $5,100,000 2.280.000 Vanable expenses Contribution margin Foed expenses 2,820,000 Advertising, salaries, and other fixed out-ol pocket costs Depreciation $870,000 1,160,000 otal foxed expenses 2,030,000 Net operating income s 790,000 Cick here to view Exhiit 138-1 and Exhitbit 138.2, to determine the appropriate discount factorfs) using tables Required 1 What is the project's net present value? (Round discount factorfs) to 3 decimal places) $ 162 2 What is the project's intemal rate of retun to the nearest whole pertent