of 15 Required information The following information applies to the questions displayed below.) Cardinal Company is considering a five-year project that would require a $2845,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 12%. The project would provide net operating income in each of five years as follows: $ 2,669.000 1, 126,00 1.763,00 008 Sales Variable expenses Contribution margin Fixed expensesi Advertising, salaries, and other fixed out-of-pocket costs Depreciation Total Tixed expenses Met operating income $ 200,000 55,000 int 1,278,000 455,00 ences Click here to view Exhibit 148.1 and Exhibit.14B 2. to determine the appropriate discount factors) using table 3. What is the present value of the project's annual net cash inflows? (Round your final answer to the nearest whole dollar amount.) Motion value