value: 0.63 points Gaston Company is considering a capital budgeting project that would require a $2,600,000 investment in equipment with a useful life of five years and no s cost of capital is 12%. It uses the straight-line depreciation method for financial reporting and tax purposes. The poject would provide net operating income S 3,000,000 Sales Variable expenses Contribution margin Fixed expenses Advertising. salaries, and other fixed out-of-pocket costs 1.500,000 1,500,000 $ 630,000 520,000 Depreciation Total fixed expenses Net operating income 1,150.000 5 350,000 Click here to view Exhibit 8B-1 and Exhibit 88-2, to determine the appropriate discount factor(s) using tables Required Compute the project's net present value. (Round discount factor(s) to 3 decimal places.) A