Chapter 14. Foundational 15 Saved Help Save & Exit Submit Check my work 4 O Part 4 of 15 Required information The following information applies to the questions displayed below) Cardinal Company is considering a five-year project that would require a $2845,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 12%. The project would provide net operating income in each of five years as follows 3 points Shaped 5 2,069,000 1,126,000 1,743,000 Sales Variable expenses Contribution margin Fixed expenses Advertising salaries, and other fixed out-of-pocket costs Depreciation Total fived expenses Net operating Income eBook 5709,000 569.000 1,270.000 $ 465,000 Print Click here to view Exhibit 148.1 and Exhibit 148-2 to determine the appropriate discount factors) using table References 4 What is the project's net present value? (Round final answer to the nearest whole dollar amount) Net