Required information The Foundational 15 (LO12-1, LO12-2, 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 $2,890,000 Investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 12%. The project would provide net operating income in each of five years as follows: $2,739,000 1,100,000 1,639,000 Sales Variable expenses Contribution margin Fixed expenses Advertising, salaries, and other fixed out-of-pocket costs Depreciation Total fixed expenses Net operating income $ 641,000 578,000 1,219,000 $420,000 Click here to view Exhibit 12B1 and Exhibit 12B-2. to determine the appropriate discount factor(s) using table. Foundational 12-13 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 50%. What was the project's actual net present value? (Negative amount should be indicated by a minus sign. Round discount factor(s) to 3 decimal places, intermediate calculations and final answer to the nearest whole dollar amount.) Not prosent value