[The following information applies to the questions displayed below.]

Cardinal Company is considering a five-year project that would require a $3,025,000 investment in equipment with a useful life of five years and no salvage value. The companys discount rate is 16%. The project would provide net operating income in each of five years as follows:

Sales			$	2,737,000
Variable expenses				1,001,000
Contribution margin				1,736,000
Fixed expenses:
Advertising, salaries, and other fixed out-of-pocket costs	$	610,000
Depreciation		605,000
Total fixed expenses				1,215,000
Net operating income			$	521,000
Assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratio, which actually turned out to be 50%. What was the projects actual net present value? Assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratio, which actually turned out to be 50%. What was the projects actual payback period? Assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratio, which actually turned out to be 50%. What was the projects actual simple rate of return?