Required information [The following information applies to the questions displayed below/ Cardinal Company is considering a five-year project that would require a $2,860,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 14%. The project would provide net operating income in each of flve years as follows: Click here to view Exhibit 148-1 and Exhibit 148-2, to determine the appropriate discount factor(s) using tabie. 4. What is the project's net present value? (Round tinal answer to the nearest whole dollar amount.) Answer is complete but not entirely correct. 14B2 EXHIBIT 148-1 Precent Value of 51,1(1+r)n