1. A project under consideration costs $950,000, has a five-year life with no salvage value and straight-line depreciation to zero. Required return is 17% and tax rate is 34%. Sales are projected at 1,000,000 units per year. Price per unit is $2.50 and variable cost per unit is $1.50. Fixed Costs are $600,000 per year. Please show your work. On Excel.Please.