Gaston Company is considering a capital budgeting project that would require a $2,400,000 investment in equipment with a useful life of five years and no salvage value. The company's tax rate is 30% and its after-tax cost of capital is 16% lt uses the straight-line depreciation method for financial reporting and tax purposes. The project would provide net operating income each year for five years as follows: Sales Variable expenses Contribution margin Fixed expenses: $3,200,000 1,720,000 1,480,000 Advertising, salaries, and other fixed out-of-pocket costs $540,000 Depreciation 480,000 Total fixed expenses Net operating income -1,020,000 $ 460, 000 Click here to view Exhibit 138-1 and Exhibit 138:2, to determine the appropriate discount factorts) using tables Required Compute the project's net present value