Cardinal Company is considering a five-year project that would require a $2,955,000 investment in equipment with a useful 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: $2,865,000 1,015,000 1,850,000 Sales Variable expenses Contribution margin Fixed expenses: Advertising, salaries, and other fixed out-of-pocket costs Depreciation Total fixed expenses Net operating income $750,000 591,000 1,341,000 $ 509,000 Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using table. Foundational 12-4 4. What is the project's net present value? (Round discount factor(s) to 3 decimal places and final answer to the ne whole dollar amount.) Nel present value 5. What is the project profitability index for this project? (Round your angwer to 2 decimal places.) Project profitability index 6. What is the project's internal rate of return? (Round your answerto nearest whole percent.) Project's internal rate of return % 7. What is the project's payback period? (Round your answer to 2 decimal places.) Project's payback period years