The Foundational 15 (Algo) (L012-1, L012-2, L012-3, L012-5, L012-6) (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 company's discount rate is 16%. The project would provide net operating Income in each of five years as follows: Sales $ 2,737,000 Variable expenses 1,001,200 Contribution margin 1,736,880 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 Click here to view Exhibit 128-1 and Exhibit 128-2. to determine the appropriate discount factor(s) using table. Foundational 12-13 (Algo) 13. 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 project's actual net present value? (Negative amount should be indicated by a minus sign. Round Intermediate calculations and final answer to the nearest whole dollar amount.) Net present value The Foundational 15 (Algo) [LO12-1, LO12-2, LO12-3, L012-5, L012-6) [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 company's 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 $ 521,800 Click here to view Exhibit 128:1 and Exhibit 128-2, to determine the appropriate discount factor(s) using table. Foundational 12-14 (Algo) 14. 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 project's actual payback period? (Round your answer to 2 decimal places.) Payback period years The Foundational 15 (Algo) (L012-1, L012-2, L012-3, L012-5, L012-6) [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 company's discount rate is 16%. The project would provide net operating income in each of five years as follows: Sales $ 2,737,000 Variable expenses 1,001,200 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 Click here to view Exhibit 128-1 and Exhibit 128-2. to determine the appropriate discount factors) using table. Foundational 12-15 (Algo) 15. 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 project's actual simple rate of return? (Round your answer to 2 decintal places.) Simple rate of retum