i need help with these two questions! can you show the work please Required informationThe 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 $2,805,000 investment in equipment with auseful life of five years and no salvage value. The company's discount rate is 14%. The project would provide net operatingincome in each of five years as follows:SalesVariable expensesContribution marginFixed expenses:Advertising, salaries, and other fixedout-of-pocket costsFoundational 12-4 (Algo)$ 642,000561,000$ 2,741,0001,125,0001,616,000DepreciationTotal fixed expensesNet operating incomeClick here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using table.Net present value1,203,000$ 413,0004. What is the project's net present value? (Round final answer to the nearest whole dollar amount.)Seved<< Prev4 58615of 15MacBook Pro DRequired informationThe 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 $2,805,000 investment in equipment with auseful life of five years and no salvage value. The company's discount rate is 14%. The project would provide net operatingincome in each of five years as follows:SalesVariable expensesContribution marginFixed expenses:Advertising, salaries, and other fixedout-of-pocket costsFoundational 12-5 (Algo)$ 642,000561,000$ 2,741,0001,125,0001,616,000DepreciationTotal fixed expensesNet operating incomeClick here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using table.Profitability index1,203,000$ 413,0005. What is the profitability index for this project? (Round your answer to 2 decimal places.)Saved< Prev5S6715of 15MacBook ProNe

Answer . Working notes:- Calculation of Project's Annual Net Cash inflow…

! 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 $2,805,000 investment in equipment with useful life of five years and no salvage value. The company's discount rate is 14%. The project would provide net op income in each of five years as follows: Sales Variable expenses Contribution margin Fixed expenses: Advertising, salaries, and other fixed out-of-pocket costs Depreciation Total fixed expenses Net operating income Foundational 12-4 (Algo) $ 642,000 561,000 $ 2,741,000 1,125,000 1,616,000 Net present value 1,203,000 $ 413,000 Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using table. Seved 4. What is the project's net present value? (Round final answer to the nearest whole dollar amount.)