The Foundational 15 [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 $2,975,000 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: Sales Variable expenses Contribution margin Fixed expenses: Advertising, salaries, and other fixed out-of-pocket costs Depreciation Total fixed expenses Net operating income $2,735,000 1,000,000 1,735,000 $735,000 595,000 1,330,000 $ 405,000 Click here to view Exhibit 12B-1 and Exhibit 128-2, to determine the appropriate discount factor(s) using table. Foundational 12-2 2. What are the project's annual net cash inflows? Annual net cash inflow