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Required information The Foundational 15(Algo)[LO12-1, LO12-2, LO12-3, LO12-5, LO12-6] [The following information...

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Accounting

Required information
The Foundational 15(Algo)[LO12-1, LO12-2, LO12-3, LO12-5, LO12-6]
[The following information applies to the questions displayed below.]
Cardinal Company is considering a five-year project that would require a $2,850,000 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:
\table[[Sales,,$2,857,000
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