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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 $2,765,000 investment

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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 $2,765,000 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 five years as follows: Sales Variable expenses Contribution margin Fixed expenses: fixed out-of-pocket costs Advertising, salaries, and other $ 670,000 Depreciation Total fixed expenses 553,000 $ 2,851,000 1,150,000 1,701,000 1,223,000 Net operating income $ 478,000 Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using table. 2. What are the project's annual net cash inflows? Annual net cash inflow

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