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Required information The Foundational 15 (Algo) (L012-1, L012-2, L012-3, L012-5, L012-6] The following information applies to the questions displayed below) Cardinal Company is considering a

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Required information The Foundational 15 (Algo) (L012-1, L012-2, L012-3, L012-5, L012-6] 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 18%. The project would provide net operating income in each of five years as follows: $ 2,865,000 1,015,000 1,650,000 Sales Variable expenses Contribution margin Fixed expenses advertising, salaries, and other fixed out-of-pocket costs Depreciation Total fixed expenses Net operating income $750,000 591,000 1,341,000 $ 500,000 Click here to view Exhibit 128-1 and Exhibit 12B-2. to determine the appropriate discount factor(s) using table. Foundational 12-13 (Algo) 13. Assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratio, which actually turned out to be 45%. What was the project's actual net present value? (Negative amount should be indicated by a minus sign. Round intermediate calculations and final answer to the nearest whole dollar amount.) 14. Assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratio, which actually turned out to be 45%. What was the project's actual payback period? (Round your answer to 2 decimal places.) Payback period years 15. Assume a posteucit showed thet allestimates (including total sales) were exactly correct except for the varieble expense ratio. which actually turned out to be 45%. What was the project's actual simple rate of return? (Round your answer to 2 decimal places.) Simple rate of return 4. What is the project's net present value? (Round final answer to the nearest whole dollar amount.) Net present value

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