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Cardinal Company is considering a five$-$year project requiring 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:

$\backslash$table$[[$Sales$,$$$2,865,000,],[$Variable expenses,$1,015,000,],[$Contribution margin,$1,850,000,],[$Fixed expenses:,,$],[$Advertising$,$ salaries, and other,,$],[$fixed out$-$of$-$pocket costs,$$750,000,],[$Depreciation$,591,000,],[$Total fixed expenses,,$1,341,000$