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: $ 2,365,000 1,015,800 1,850,000 Sales Variable expenses contributiori margin Fixed expenses: Advertising, salaries, and other fixed oul of pockel costs Depreciation Total fixed expenses Net uperating income $750,00 591,000 1,341,080 $509,000 Click here to view Exhibit 138-1 and Exhibit 13B-2 to determine the appropriate discount factor(s) using table. Required: 1. Which expense item in the income statement shown above will not affect cash flows? In other words, which item is not a cash flow number? (Only one of the answers is correct.) ? Sales ? Variable penses ? Acivertising, salaries, and other fixed out of pocket costs expenses 7 Depreciation expense