Check 6 ! Required information [The following information applies to the questions displayed below.] Part 6 of 15 Cardinal Company is considering a five-year project that would require a $2,750,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 18%. The project would provide net operating income in each of five years as follows: 0.06 points Skipped $ 2,849,000 1, 122,000 1,727,000 Sales Variable expenses Contribution margin Fixed expenses: Advertising, salaries, and other fixed out-of-pocket costs Depreciation Total fixed expenses Net operating income $ 752,000 550,000 eBook 1,302,000 $ 425,000 Print Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using table. References 6. What is the project's internal rate of return? Project's internal rate of return 18%