Required information

The Foundational $15($Algo$)[$LO$12-1,$ LO$12-2,$ L$012-3,$ LO$12-5,$ LO$12-6]$

$[$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

$\backslash$table$[[$Variable expenses,$$2,737,000$