Required information [The following information applies to the questions displayed below.] Cardinal Company is considering a five-year project requiring a $2,812,000 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: Sales Variable expenses Contribution margin Advertising, salaries, and other Fixed expenses: fixed out-of-pocket costs Depreciation Total fixed expenses $ 798,000 562,400 $ 2,855,000 1,010,000 1,845,000 1,360,400 Net operating income $ 484,600 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? Note: Round final answer to the nearest whole dollar amount. Net present value