Consider the following balances.

Cash $44,970 Accounts payable $62,190
Accounts receivable $98,840 Notes payable 74,650
Less: Allowance for-
doubtful accounts 8,790 90,050 $136,840
Inventory 173,880
Prepaid expenses 9,320
$318,220

The following errors in the corporation's accounting have been discovered:
1. January 2018 cash disbursements entered as of December 2017 included payments of accounts payable in the amount of $41,500, on which a cash discount of 2% was taken.
2. The inventory included $27,740 of merchandise that had been received at December 31 but for which no purchase invoices had been received or entered. Of this amount, $10,190 had been received on consignment; the remainder was purchased f. o.b. destination, terms 2/10, n/30.
3. Sales for the first four days in January 2018 in the amount of $32,350 were entered in the sales journal as of December 31, 2017. Of these, $20,610 were sales on account and the remainder were cash sales.
4. Cash, not including cash sales, collected in January 2018 and entered as of December 31, 2017, totaled $35,226. Of this amount, $23,226 was received on account after cash discounts of 2% had been deducted; the remainder represented the proceeds of a bank loan.

Required:
Calculate the following adjusted balances.
Cash
Accounts Receivable
Inventory
Accounts Payable
Notes Payable

Cardinal company is considering a project that would require a $2,725,000 investment in equipment with a useful life of five years. at the end of five years, the project would terminate and the equipment would be sold for its salvage value of $400,000. the company’s discount rate is 14%. the project would provide net operating income each year as follows: sales $2,867,000 variable expenses 1,125,000 contribution margin 1,742,000 fixed expenses: advertising, salaries, and other fixed out-of-pocket costs $706,000 depreciation 465,000 total fixed expenses 1,171,000 net operating income $571,000 1. which item(s) in the income statement shown above will not affect cash flows? (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. any boxes left with a question mark will be automatically graded as incorrect.) (a)sales (b)variable expenses (c) advertising, salaries, and other fixed out-of-pocket costs expenses (d) depreciation expense 2. what are the project’s annual net cash inflows? 3.what is the present value of the project’s annual net cash inflows? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.) 4.what is the present value of the equipment’s salvage value at the end of five years? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.) 5.what is the project’s net present value? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.)