pleaase help urgently

10 Cardinal Company is considering a project that would require a $2,890,000 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: 25 points $2,789,600 1.100.000 1,639,000 Sales Variable expenses Contribution margin Fixed expenses: Advertisin salaries, and other fixed out-of-pocket costs Depreciation Total fixed expenses Net operating Income 02:56:49 5 641,000 538.000 1,129.000 $ 400,000 Required: What is the project's payback period? (Round your answer to 2 decimal places) Fac's payback pored Y