Required information {The following information applies to the questions displayed below.) Cardinal Company is considering a five-year project that would require a $2,915,000 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 $ 2,746,000 Variable expenses 1,126,000 Contribution margin 1,620,000 Fixed expensest Advertising, salaries, and other fixed out-of-pocket conta $ 615,000 Depreciation 583,000 Total fixed expenses 1,198,000 Net operating income $ 422,000 Click here to view Exhibit 12B-1 and Exhibit 128-2. to determine the appropriate discount factor(s) using table. 3. What is the present value of the project's annual net cash inflows? (Round your final answer to the nearest whole dollar amount.) Present value Required information (The following information applies to the questions displayed below.) Cardinal Company is considering a five-year project that would require a $2,915,000 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: $ 2,746,000 Variable expenses 1,126,000 Contribution margin 1,620,000 Fixed expenses: Advertising, salaries, and other fixed out-of-pocket costs $ 615,000 Depreciation 583,000 Total fixed expenses 1,190,000 Net operating income $ 422,000 Sales Click here to view Exhibit 128:1 and Exhibit 128-2. to determine the appropriate discount factor(s) using table, 4. What is the project's net present value? (Round final answer to the nearest whole dollar amount.) Not present value 5. What is the profitability index for this project? (Round your answer to 2 decimal places.) Profitability index 6. What is the project's internal rate of return? Project's internal rate of return % 7. What is the project's payback period? (Round your answer to 2 decimal places.) Project's payback period years