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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:

$\backslash$table$[[\backslash$table$[[$Sales$],[$Variable expenses$]],,$$$2,739,000$