Required information [The following information applies to the questions displayed below.) Cardinal Company is considering a five-year project that would require a $2,845,000 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: $2,869,000 1,126,000 1,743,000 Sales Variable expenses Contribution margin Tixed expensest Advertising, salarion, and other fixed out-of-pocket coats Depreciation Total fixed expenses Bet operating income 3709,000 569.000 1,278,000 465,000 Click here to view Exhibit 148.1 and Exhibit.148-2. to determine the appropriate discount foctor(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) 2 Sales Variable expenses | Advertising, salaries, and other foed out of pocket costs expenses > Depreciation expense