Required information [The following information applies to the questions displayed below.] Cardinal Company is considering a five-year project that would require a $2,500,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 12%. The project would provide net operating income in each of five years as follows: Sales Variable expenses $ 2,853,000 1,200,000 1,653,000 Contribution margin i Fixed expenses: Advertising, salaries, and other fixed out- of-pocket costs $790,000 Depreciation 500,000 Total fixed expenses Net operating income 1,290,000 $363,000 Click here to view Exhibit 128-1 and Exhibit 128-2, to determine the appropriate discount factor(s) using table.