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Required information [The following information applies to the questions displayed below] Cardinal Company is considering a five-year project that would require a $2,810,000 investment in

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Required information [The following information applies to the questions displayed below] Cardinal Company is considering a five-year project that would require a $2,810,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 16%. The project would provide net operating income in each of five years as follows: Click here to view Exhibit 128-1 and Exhibit.128-2, to determine the appropriate discount factor(s) using table. What is the present value of the project's annual net cash inflows? (Round your final answer to the nearest whole dollar amount

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