The following information applies to the questions displayed below. Cardinal Company is considering a five-year project that would require a $2,805,000 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 Sal Varlable expenses $ 2,741,000 1,125,000 1,616,000 Contribution margin Flxed expenses: Advertising, salaries, and other $ 642,000 561,000 fixed out-of-pocket costs Depreciation Total fixed expenses Net operating Income 1,203,000 $413,000