Required information (The following information applies to the questions displayed below.) Cardinal Company is considering a five-year project that would require a $2.955,000 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: $2,865,000 1,015,000 1,850,000 Sales Variable expenses Contribution margin Fixed expenses! Advertising, salaries, and other fixed out-of-pocket costs Depreciation Total fixed expenses Net operating income $750,000 591,000 1,341,000 S 509.000 Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using table. 5. What is the project profitability index for this praject? (Round your answer to 2 decimal places.) Project profitability index The following information applies to the questions displayed below) Cardinal Company is considering a five-year project that would require a $2.955.000 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: $2,865,000 1,015.000 1,850,000 Sales Variable expenses Contribution margin Fixed expenses: Advertising, salaries, and other fixed out-of-pocket costs Depreciation Total fixed expenses Net operating income $750,000 591,000 1,341,000 $ 509,000 Click here to view Exhibit 13B-1 and Exhibit 13B-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 Advertising, salaries, and other fixed out-of-pocket costs expenses Depreciation expense