Question: What is the project's net present value? (Use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.) Cardinal

What is the project's net present value? (Use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.) Cardinal Company is considering a project that would require a $2,890,000 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 $200,000. The company's discount rate is 12%. The project would provide net operating income each year as follows
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