Cardinal Company is considering a project that would require a $2,975,000 investment in equipment with a useful life of five years. At the end of five years, the project would terminate and the equipment would be sold for its salvage value of $300,000. The company's discount rte is 14%. The project would provide net operating income each year as follows Sales Variable expenses $2,735,000 1,000,000 1,735,000 Contribution margin Fixed expenses: Advertising, salaries, and other $ 735,000 535,000 fixed out-of-pocket costs Total fixed expenses 1,270,000 Net operating income $465,000 9. value 10.00 points Required: 1. Which item(s) in the income statement shown above will not affect cash flows? (You may select more than one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers.) Sales Variable expenses