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 16%. The project would provide net operating income in each of five years as follows: Click here to view and Exhibit 12B-2, to determine the approprlate discount factor(s) using table. 2. What are the project's annual net cash inflows? EXHIBIT 128-1 Present Value of 51: (1+)1 EXHIBrT 12B-2. Present Value of an Annuity of $1 in Arrears: 21[1ti+F1]