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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 $2,945,000 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 $2,945,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 18%. The project would provide net operating Income in each of five years as follows: $ 2,873,000 1,019,000 1,854,000 Sales Variable expenses Contribution margin Fixed expenses: Advertising, salaries, and other fixed out-of-pocket costs Depreciation Total fixed expenses Net operating income $ 754,000 589,000 1,343,000 S 511,000 Click here to view Exhibit 14B-1 and Exhibit 14B-2. to determine the appropriate discount factor(s) using table. 4. What is the project's net present value? (Round final answer to the nearest whole dollar amount.) Net present value

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