(Solved): Cardinal Company is considering a flue-year project that would reguire a \( 12,810,000 \) investmen ...

Cardinal Company is considering a flue-year project that would reguire a \( 12,810,000 \) investment in equipment yith a useful life of flve years and no salvage value. The company's discount rate is to\%. The project yiould provice fiet operatine income in each of tive years as follown: Click here to view Exhibit 120. and Exhibili 120.2, to determine the oppropriate discount factor(o) using table. What is the present value of the project's annual net cash inflows? (Round your final answer to the nearest whole dollar amount.