Cardinal company s considering a project that would require a $2,782,000 investment in equlpment with a useful life of five years. at the end of five years, the project would terminate and the equlpment would be sold for its salvage value of $200,000 the company's discount rate ls 18%. the project would provide net operating income each year as follows: 2,873,000 sales variable expenses 1,019,000 1,854,000 contribution margin fixed expenses: advertising, salaries, and other 754,000 fixed out-of-pocket costs 516,400 depreciation total fixed expenses 1,270,400 583,600 net operating income13. assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratio, which actually turned out to be 45%. what was the project’s actual net present value? (negative amount should be indicated by a minus sign. round discount factor(s) to 3 decimal places, intermediate calculations and final answer to the nearest whole dollar amount.)