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Required information [The following information applies to the questions displayed below.) Cardinal Company is considering...

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Required information [The following information applies to the questions displayed below.) Cardinal Company is considering a five-year project that would require a $2,845,000 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: $2,869,000 1,126,000 1,743,000 Sales Variable expenses Contribution margin Fixed expenses: Advertising, salaries, and other fixed out-of-pocket cost Depreciation Total fixed expenses Net operating income 5 709,000 569.000 1,278,000 $ 465,000 Click here to view Exhibit 148-1 and Exhibit 14B-2. to determine the appropriate discount factor(s) using table. 2. What are the project's annual net cash inflows? Annual net cash inflow

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