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The Foundational 15 (Algo) [LO12-1, LO12-2, LO12-3, LO12-5, LO12-6] [The following information applies to the questions displayed below] Cardinal Company is considering a five-year project

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The Foundational 15 (Algo) [LO12-1, LO12-2, LO12-3, LO12-5, LO12-6] [The following information applies to the questions displayed below] Cardinal Company is considering a five-year project that would require a $2,955,000 investment in equipment with a usefut life of five years and no salvage value. The company's discount rate is 18%. The project would provide net operating income in each of five years as follows: Click here to view Exhibit 128-1 and Exhibit128-2, to determine the appropriate discount factor(s) using table. Which item(s) in the income statement shown above will not affect cash flows? (You may select more than one answer. Single click he 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.) Sales Variable expenses Advertising, sotarles, and other fixed out-of-pocket costs expenses Depreciation expense

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