The following information applies to the questions displayed below] Cardinal Company is considering a five-year project that would require a $2,860,000 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: (Hint Use Microsoft Excel to calculate the discount factor(s).) Required: 1. Which item(s) in the income statement shown above will not affect cash flows? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to impty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Soles Variable expenses Advertising, salaries, and chter fixed out-of-pockot costs expenses 2 Depreciation expense