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

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Requlred Informatlon
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 $2.765.000 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:
Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using table.
Foundational 12-4(Algo)
4. What is the project's net present value? (Round final answer to the nearest whole dollor omount.)
Net present value
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