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 flve years as follows: Sal Varlable expenses $2,735,000 1,000,000 1,735,000 Contribution margin Fixed expenses: Advertising, salaries, and other $ 735,000 595,000 fixed out-of-pocket costs Depreclation Total flxed expenses Net operating Income 1330,000 405,000 Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using tables