Cardinal Company is considering a five$-$year project requiring a $$2,800,000$ investment in equipment with a useful life five years and no salvage value. The company's discount rate is $14\%.$ The project would provide net operating income each of five years as follows:

$\backslash$table$[[$Sales$,$$$2,845,000,],[$Variable expenses,$1,109,000,],[$Contribution margin,$1,736,000,],[$Fixed expenses:,,$],[$Advertising$,$ salaries, and other,,$],[,$ fixed out$-$of$-$pocket costs,$$99,000,],[$Depreciation$,560,000,],[$Total fixed expenses,,$1,359,000$