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! Requlred Information The Foundational 1 5 ( Algo ) [ LO 1 2 - 1 , LO 1 2 - 2 , LO 1

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The Foundational 15(Algo)[LO12-1, LO12-2, LO12-3, LO12-5, LO12-6]
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Cardinal Company is considering a five-year project that would require a $2,765,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 14%. The project would provide net operating income in each of five years as follows:
\table[[\table[[Sales],[Variable expenses]],,\table[[$2,851,0
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