Question: Cardinal Company is considering a project that would require a $2.915.000 investment in equipment with a useful life of the end of five years, the

 Cardinal Company is considering a project that would require a $2.915.000

Cardinal Company is considering a project that would require a $2.915.000 investment in equipment with a useful life of the end of five years, the project would terminate and the equipment would be sold for its salvage value of $300,000. T discount rate is 12%. The project would provide net operating income each year as follows: 12,746,000 1.126,000 1,629.000 Sales Variable expenses Contribution margin Fixed expenses: Advertising, salaries, and other faxed out of pocket costs Depreciation Total Fixed expenses Net operating income 1615,000 523,000 1,138,990 482,080 Required: What are the project's annual net cash intlows? Annual net cash inflow

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