Question: Please show how you got the answer so I can see how you got it. Cardinal Company is considering a project that would require a

Please show how you got the answer so I can see howPlease show how you got the answer so I can see how you got it.

Cardinal Company is considering a project that would require a $2.815000 investme in equipment with a Required: nt useful life of five years. At the end of five yea the project would terminate and the equlpment would be 1. Which item(s) in the income statement shown above wil not affect cash flows? You may select more sold for its salvage value of $400,000. The company's discount rate is 16% The project would provide net than one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers.) operating Income each year as follows: Sales Sales 2.363000 Variable expenses Variable 1014,000 Advertising salaries, and other fixed out-of-pocket costs expenses Depreciation expense Contribution margin 1849.000 Fixed expenses: Advertising. salaries. and other 781000 fboed out-of-pocket costs 2. What are the projects annual net cash inflows? Depreclotlon Annual net cash nflow Total fixed expenses .264000 3 What is the presen value of the project's annual net cash inflows? (Use the appropriate table to 585.000 Net operating income determine the discount factor(s) and final answer to the nearest dollar amount,) resent value 4. What is the present value of the equipments salvage value at the end of five years (Use the appropriate table to determine the discount factorts) and fnal answer to the nearest dollar amount. resent value

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