Required Information The Foundational 15 (Algo) [LO12-1, LO12-2, LO12-3, LO12-5, LO12-6] [The following information applies to the questions displayed below.] Cardinal Company Is considering a five-year project that would require a $2,945,000 Investment In equipment with a useful life of five years and no salvage value. The company's dlscount rate Is 18%. The project would provide net operating income in each of five years as follows: Click here to vlew Exhibit 12B-1 and Exhibit 12B-2, to determine the approprlate discount factor(s) using table. oundational 12-8 (Algo) What is the project's simple rate of return for each of the five years? (Round your answer to 2 decimal places.) 13. Assume a postaudit showed that all estimates (Including total sales) were exactly correct except for the varlable expense ratio, which actually turned out to be 45%. What was the project's actual net present value? (Negatlve amount should be Indlcated by a minus sign. Round Intermedlate 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 varlable expense ratio, which actually turned out to be 45%. What was the project's actual payback perlod? (Round your answer to 2 decimal places.) 15. Assume a postaudit showed that all estimates (Including total sales) were exactly correct except for the varlable 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.)