Required Information [The following information applies to the questions displayed below) Cardinal Company is considering a five-year project that would require a $3,025,000 Investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 16% The project would provide net operating income in each of five years as follows Sales $ 2,737,600 Variable expenses 1,001, eee Contribution nargin 1,736,800 Fixed expenses! Advertising, salaries, and other fixed out- of-pocket costs $ 610,000 Depreciation 605,000 Total Fixed expenses 1,215,000 Net operating income $ 521,000 Click here to view Exhibit 23.1 and Exhibit 120.2. to determine the appropriate discount factors) using table 2. What are the project's annual net cash inflows? Annual net cash inllow Required Information The following information apples to the questions displayed below) Cardinal Company is considering a five-year project that would require a $3,025,000 investment in equipment with a useful life of tive years and no salvage Value The company's discount rate is 16% The project would provide net operating income in each of five years as follows: Sales 5 2,737,000 Variable expenses 1,001,000 Contribution margin 1,736,000 Fixed expenses Advertising, solaries, and other fixed out of-pocket costs $ 610,000 Depreciation 605,000 Total fixed expenses 1,215,000 Net operating income $ 521,000 Click here to view Exhibit28.1 and Exhibit 120-2. 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 $3,025,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 16%. The project would provide net operating income in each of five years as follows: Sales $ 2,737, eee Variable expenses 1,001,000 Contribution argin 1,736, eee Fixed expenses: Advertising, salaries, and other fixed out of-pocket costs 5 610,000 Depreciation 605,000 Total fixed expenses 1,215,000 Net operating income $ 521,000 Click here to view Exhibit 128-1 and Exhibit 12B-2. to determine the appropriate discount factors) using table. 5. What is the profitability Index for this project? (Round your answer to 2 decimal places.) Profitability index