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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: s 2,851,eee 1158,988 1,781,6868 Advertising, salaries, and other fixed s 678,88e out-of-pocket costs Depreciation Total fixed expenses Net operating income 1 223,888 $478,900 Click here to view Exhibit 13B-1 and Exhibit 138-2 to determine the appropriate discount factorts) using table 1. Which item/s) in the income statement shown above wil 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.) Sales 2 Vorieble expenses 7 Advertising, salaries, and other fixed out-of-pocket costs expenses Depreciation expense

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