Required information The following information applies to the questions displayed below) Cardinal Company is considering a five-year project that would require a $2,890,000 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: $ 2,739,000 1.100.000 1,639,000 Sales Variable expenses Contribution margin Fixed expenses: Advertising, salaries, and other fixed out-of-pocket costs Depreciation Tatal fixed expenses Net operating income $ 641,000 578,000 1.219,000 $ 420,000 Click here to view Exhibit 138.1 and Exhibit 138-2. to determine the appropriate discount factor(s) using table. Required: 1. Which item(s) in the income statement shown above will not affect cash flows? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Sales Variable expenses 7 Advertising, sales and other fixed out of pocket costs expenses 2 Depreciation expense EXHIBIT 133-1 Present Value of $1 Periods 4 6% 79 8 91 10% 11% 12% 13 14% 15% 16% 17% 18% 19% 20% 21% 22 23 1 0.962 0.952 0943 0.935 0926 0.917 0900 0.901 0.893 0.885 0.877 0870 0.362 0.855 0.847 0.840 0.833 0.826 0820 0.313 0.806 0.800 2 0.925 0.907 0,890 0.873 0857 0.842 0,826 0.812 0.797 0.783 0.769 0.756 0.743 0.731 0.7180.706 0.694 0.683 0672 0661 0.650 0.640 3 0.889 0.864 0.840 0.816 0.794 0.772 0.751 0.731 0.712 0.693 0675 0.658 0.641 0.624 0.609 0.593 0.579 0.564 0551 05.37 0.524 0.512 4 0.855 0823 0.792 0.763 0.735 0.708 0.683 0659 0.636 0.613 0.592 0.572 0.552 0534 0.516 0.499 0.412 0.467 0.451 0437 0.423 0.410 5 0.822 0.784 0.747 0.713 0.681 0.650 0.621 0.593 0.567 0.543 0.519 0.497 0.476 0.456 0.437 0.419 0402 0.386 0.370 0.355 0.341 0.328 6 0.790 0.746 0.705 0,666 0.620 0.596 0.564 0.535 0.507 0.480 0.456 0.432 0.410 0.390 0.370 0.352 0.335 0.319 0.303 0.289 0.275 0.262 7 0.760 0711 0.665 0623 0.583 0.547 0.513 0.482 0.452 0.425 0.400 0.375 0.354 0333 0.314 0.296 0.279 0.263 0.249 0.235 0222 0.210 B 0.731 0.677 0627 0.582 0.540 0.502 0.467 0.434 0.404 0.376 0351 0.327 0.305 0.285 0.266 0.249 0233 0.21 0.204 0.101 0.179 0.168 9 0.703 0.645 0.592 0.544 0.500 0.460 0.424 0.391 0.361 0.333 0.308 0.234 0.263 0243 0.225 0.209 0.194 0.180 0.167 0.155 0.144 0.134 10 0.676 0.614 0.558 0.508 0.463 0.422 0.386 0.352 0.322 0.295 0.270 0.247 0.227 0208 0.191 0.176 0.162 0.149 0.137 0.125 0.116 0.107 11 0.650 0.585 0.527 0.475 0.429 0.388 0.350 0317 0.287 0.261 0.237 0.215 0.195 0.17 0.162 0.14 0.135 0.123 0.112 0.103 0.094 0086 12 0.625 0.557 0.497 0.444 0.397 0.356 0.319 0.286 0.257 0.231 0.208 0.187 0.168 0.152 0.137 0.124 0.112 0.102 0.092 0.003 0.076 0.069 13 0,601 0.530 0.469 0.415 0.368 0.326 0.290 0.258 0.229 0.204 0.182 0.163 0.145 0 130 0.116 0.104 0093 0.084 0.075 0.068 0.061 0055 14 0.577 0.505 0.442 0.388 0.340 0.299 0.263 0.232 0.205 0181 0.160 0.141 0.125 0.111 0.099 0.088 0.078 0.069 0.062 0.055 0.049 0.044 15 0.556 0.481 0.417 0.362 0.315 0.275 0.239 0.209 0.183 0.160 0.140 0.123 0.108 0.095 0.084 0.074 0.065 0.057 0051 0.045 0.040 0.035 16 0.534 0.458 0.394 0.339 0.292 0.252 0.218 0.188 0.163 0.141 0.123 0.107 0.003 0.081 0.071 0.062 0.054 0.047 0.042 0.036 0.032 0.020 17 0.513 0.436 0.371 0.317 0.270 0.231 0.198 0.190 0.146 0.125 0.108 0.093 0.00 0.069 0.060 0,052 0.045 0,030 0.034 0.030 0.026 0.023 18 0.494 0416 0.350 0.296 0.250 0.212 0.180 0.163 0.130 0.111 0.095 0.081 0.060 0.059 0.051 0.044 0.038 0.032 0.028 0.024 0.021 0.018 10 0.475 0.396 0.331 0.277 0.232 0.194 0.164 0.138 0.116 0.098 0.083 0.070 0.060 0.051 0.043 0.037 0.031 0.027 0023 0.020 0.017 0014 20 0.456 0.377 0312 0.258 0.215 0.178 0149 0.124 0.104 0.087 0.073 0.061 0.051 0.043 0.037 0.031 0.026 0.022 0019 0.016 0.014 0.012 21 0.439 0.359 0.294 0 242 0.199 0.164 0.135 0.112 0.093 0.077 0.064 0.053 0044 0.037 0.031 0.025 0.022 0.018 0015 0013 0.011 0000 22 0.422 0.342 0.278 0.226 0.184 0.150 0.123 0.101 0.083 0.068 0.056 0.046 0.038 0.032 0.026 0.022 0.018 0,015 0,013 0.011 0.009 0.007 23 0.406 0.326 0.262 0211 0.170 0.138 0.112 0.091 0.074 0.060 0.049 0.040 0033 0.027 0.022 0018 0.015 0,012 0.010 0.000 0.007 0.006 24 0.390 0310 0.247 0.197 0.158 0.126 0.102 0082 0.066 0053 0.043 0.035 0.028 0.023 0.019 0015 0.013 0010 0.00 0.007 0.005 0.005 25 0.375 0.295 0.233 0.184 0.146 0.116 0.092 0.074 0.059 0.047 0.038 0.030 0024 0.020 0016 0.013 0.010 0.009 0.007 0.006 0.005 0.004 26 0.361 0.281 0.220 0.172 0.135 0.106 0.084 0.066 0.053 0042 0.033 0.025 0.021 0.017 0.014 0.011 0.009 0.007 0.006 0.005 0004 0.003 27 0.347 0.268 0.207 0.161 0.125 0.098 0.076 0.060 0047 0.037 0,029 0.023 0.018 0.014 0.011 0.009 0.007 0.006 0.005 0004 0.003 0.002 28 0.333 0.255 0.196 0.150 0.116 0.090 0.069 0.054 0.042 0033 0.026 0.020 0.016 0,012 0.010 0008 0.006 0005 0.004 0.003 0.002 0.002 20 0.321 0.243 0.185 0.141 0.107 0,082 0.063 0.048 0.037 0.029 0,022 0.017 0.014 0.011 0.008 0.006 0.005 0.004 0.003 0.002 0.002 0.002 30 0.308 0.231 0.174 0.131 0.099 0.075 0057 0.044 0.033 0.026 0.020 0,015 0.012 0.009 0.007 0.005 0.004 0.003 0.003 0.002 0.002 0.001 40 0.208 0.142 0.097 0.067 0.046 0.032 0.022 0.015 0.011 0.008 0.005 0.004 0.003 0.002 0.001 0.001 0.001 0.000 0.000 0.000 0.000 0.000 EXHIBIT 133-2 Present Value of an Annuity of $1 in Artears 11+ 67890 Periods 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% 21% 22% 221 24 25 1 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.901 0.893 0.885 0.877 0.870 0.862 0.855 0 847 0.840 0.833 0326 6820 081) 0006 O 300 2 1.886 1.859 1833 1808 1.783 1.759 1.736 1.713 1.690 1668 1.647 1626 1.605 1585 1566 1547 1520 1509 1.492 1.474 1457 1.440 3 2775 2.723 2673 2624 2577 2.531 2487 2444 2.402 2361 2.322 2283 2246 2210 2.174 2.140 2106 2074 2042 2.011 1981 1952 4 3.630 3.546 3.465 3.387 3.312 3.240 3.170 3.102 3.037 2974 2.914 2855 2.798 2.743 2690 2.639 2 589 2540 2494 2.448 2404 2362 5 4.452 4.329 4.212 4.100 3.993 3.890 3.791 3.696 3.605 3.517 3.433 3.352 3.274 3.199 3.127 3.058 2991 2.926 2864 2803 2.745 2689 5.242 5.076 4.917 4.767 4.623 4.486 4.355 4 231 4 111 3998 3.889 3.784 3.685 3.589 3.498 3410 3326 3245 3.167 302 3020 2951 6.002 5786 5.582 5.389 5.206 5.033 4.868 4712 4564 4.423 4.288 4.160 4039 3.922 3.812 3706 3.605 3.508 3.416 3327 3.242 3.161 6.733 6.463 6.210 5.971 5.747 5.535 5335 5.146 4 968 4799 4.639 4487 4.344 4.207 4,078 3.954 3837 3.726 3.619 3518 3421 2329 7.435 7.108 6.802 6515 6.247 5.995 5.759 5537 5328 5.132 4.946 4.772 4,607 4.451 4 303 4.163 4031 3.905 3.786 3.673 3566 3.463 10 8.111 7722 7360 7024 6.710 6.418 6.145 5889 5650 5.426 5216 5.019 4.833 4.659 4494 4339 4.192 4.054 3.923 3.799 3.682 1.571 11 8.760 8.306 7.887 7.499 7.139 6.805 6.495 6.207 5.938 5.697 5.453 5234 5.029 48364656 4486 4327 4.177 4.035 3.902 3.776 3.656 12 9,385 8.863 8.384 7.943 7.536 7.161 6.614 6.492 6.194 5.918 5.660 5.421 5.197 4.988 4793 4.611 4 439 4278 4.127 3.985 3.851 3725 13 9.986 9.394 8.853 8.358 7904 7.487 7.103 6.750 6.424 6 122 5.842 5.583 5.342 5.118 4.910 4715 4533 4362 4203 4053 3912 3780 14 10.563 9.899 9.295 8.745 8.244 7.786 7.367 6.982 6.628 6 302 6.002 5.724 5.468 5.229 5.000 4 802 4611 4.432 4.265 4.108 3.962 3.824 15 11.118 10 380 9.712 9.108 8.559 8.061 7606 7.191 6.811 6.462 6.142 5.847 5575 5 324 5.092 4 876 4 675 4 489 4 315 4.153 4001 850 16 11652 10 838 10.106 9.447 8.851 8.313 7.824 7.379 6974 6.604 6.265 5954 5668 5 405 5.162 4.938 4730 4.536 4.357 4 189 4.033 3587 17 12.166 11 274 10.477 9763 9.122 8.544 8,022 7.549 7.120 6.729 6373 6.047 5.749 5.475 5222 4990 4.775 4.576 4.391 4,219 4050 3.910 18 12659 11.690 10.828 10.059 9.372 8.756 8.201 7.702 7.250 6.840 6.467 6.128 5.818 5.534 5.273 5033 4.812 4 608 4 419 4.243 4080 3.928 19 13. 134 12.085 11.158 10.336 9.604 8.950 8.365 7.839 7 366 6938 6550 6.198 5.877 5.584 5 316 5070 4843 4.635 4.442 4.263 4,097 3.942 20 13.590 12.462 11.470 10.594 9,818 9.129 8.514 7.963 7.469 7025 6.623 6.259 5.929 5628 5.353 5 101 4870 4657 4.460 4 279 4.110 3.954 21 14.029 12.821 11.764 10.836 10.017 9292 8.649 8.075 7.562 7.102 6.687 6312 5.973 5,665 5 384 5127 4 891 4675 4.476 4 292 4.121 3963 22 14 451 13.163 12.042 11.061 10.201 9.442 8.772 8.176 7.645 7:170 6743 6,359 6,011 5.696 5410 5149 4 909 4.690 4 488 4 302 4.130 3970 23 14.857 13.489 12.303 11 272 10.371 9.580 8893 1.266 7718 7230 6.792 6.399 6.044 5723 5432 5 167 4.925 4.703 4.499 4311 4137 3.976 24 15 247 13.799 12550 11.469 10.529 9.707 8.985 8.348 7784 7283 6.835 6.434 6.073 5.746 5.451 5182 4937 4.713 4.507 4318 4.143 3.901 25 15.622 14.094 12783 11.654 10.675 9.823 9.077 8.422 7.843 7330 6.873 6.464 6.097 5.766 5.467 5.195 4.948 4.721 4.514 4.323 4.147 3.985 26 15,983 14.375 13.003 11.826 10.810 9929 9.161 8.488 7.896 7372 6.906 6.491 6.118 5.783 5.480 5206 4 956 4.728 4520 4 328 4151 3.988 27 16.330 14.643 13.211 11.987 10.935 10.027 9.237 8.548 7943 7 409 6.935 6.514 6.136 5.798 5.492 5215 4 964 4734 4.524 4332 4.154 3.990 28 16.663 14.898 13.406 12.137 11051 10.116 9.307 8.602 7984 7441 6.961 6,534 6.152 5.810 5.502 5.223 4.970 4.739 4.528 4.335 4.157 3992 29 16.984 15.141 13.591 12.278 11.158 10.198 9.370 8.650 8 022 7470 6983 6.551 6.166 5.820 5.510 5229 4975 4.743 4531 4.337 4.159 3994 30 17.292 15 372 12.765 12.409 11.258 10 274 9.427 8.694 8.055 7.496 7003 6.566 6.177 5.829 5.517 5.235 4.979 4.746 4534 4339 4.160 3.995 40 19.793 17 159 15.046 13.332 11.925 10.757 9.779 8951 8.244 7634 7.105 6,642 6.233 5.871 5548 5 258 4 997 6760 4544 4.347 4.166 3999 Required information The following information applies to the questions displayed below) Cardinal Company is considering a five-year project that would require a $2,890,000 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: $ 2,739,000 1.100,00 1,639,000 Sales Variable expenses Contribution margin Fixed expenses Advertising, salaries, and other fixed out-of-pocket costs Depreciation Total Fixed expenses Net operating Income 5 641,000 578,000 1,219,000 $ 420,000 Click here to view Exhibit.138.1 and Exhibit 138:2. to determine the appropriate discount factor(s) 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.) Present value 1 5 Required information [The following information applies to the questions displayed below) Cardinal Company is considering a five-year project that would require a $2,890,000 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 55 $ 2,739,000 1,100,000 1,639,000 Sales Variable expenses Contribution margin Fixed expenses Advertising, salaries, and other fixed out-of-pocket costs Depreciation Total fixed expenses Net operating income $ 641,000 578.00 1.219.000 $ 420,000 Click here to view Exhibit 138-1 and Exhibit:13B 2. to determine the appropriate discount factors) using table. 4 What is the project's net present value? (Round discount factor(s) to 3 decimal places and final answer to the nearest whole dollar amount.) Net prestali 15 Required information [The following information apples to the questions displayed below) Cardinal Company is considering a five-year project that would require a $2,890,000 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: 20 $ 2,739,000 1.100.000 1,639,000 Sales Variable expenses Contribution margin Fixed expenses Advertising, salaries, and other fixed out-of-pocket costs Depreciation Total fixed expenses Net operating income $ 641,000 528.000 1,219,000 $420,000 Click here to view Exhibit 138-1 and Exhibit 13B-2. to determine the appropriate discount factor(s) using table, 5. What is the project profitability index for this project? (Round your answer to 2 decimal places.) Project profitability Index