Required information The Foundational 15 (LO13-1, L013-2, LO13-3, LO13-5, LO13-6] (The following information applies to the questions displayed below.) Cardinal Company is considering a five-year project that would require a $2,812,000 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 Variable expenses Contribution margin Fixed expenses: $2, 855,000 1,010,000 1,845,000 Advertising, salaries, and other fixed out-of-pocket costs Depreciation $798,000 562,400 Total fixed expenses Net operating income 1,360,400 $ 484,600 Click here to view Exhibit 138-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using table Foundational 13-2 2. What are the project's annual net cash inflows? Annual net cash intlow 3. What is the present value of the project's annual net cash inflows? (Round your final answer to the nearest whole dollar amount.) Present value 4. What is the project's net present value? (Round discount factor(s) to 3 decimal places and final answer to the nearest whole dollar amount.) Net present value