Foundational 10-8 (LO1 - CC3,4; LO2 - CC10,13, 14) Cardinal Company is considering a project that would require a $2,500,000 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 $200,000. The company's discount rate is 12\%. The project would provide net operating income each year as follows