1. Award: 12.00 points 2. The company is considering a project involving the purchase of new equipment. Change the data area of your worksheet to match the following: Use Exhibit 14B-1 and Exhibit 14B-2. (Use appropriate factor(s) from the tables provided.) B 1 Chapter 14: Applying Excel 2 3 Data 4 5 310,000 6 20,000 Example E Cost of equipment needed Working capital needed Overhaul of equipment in four years Salvage value of the equipment in five years Annual revenues and costs: A A A A 7 40,000 40,000 8 $ 9 10 Sales revenues $ 11 $ 395,000 240,000 60,000 17 % Cost of goods sold Out-of-pocket operating costs Discount rate 12 $ 13 a. What is the net present value of the project? (Negative amount should be indicated by a minus sign. Round your present value factor to 3 decimals and round all other intermediate calculations to nearest whole dollar.) 11/22/21, 5:16 PM Assignment Print View Net present value c. The internal rate of return is between what two whole discount rates (e.g., between 10% and 11% between 11% and 12%, between 12% and 13%, between 13% and 14%, etc.)? The internal rate of return is between % and % d. Reset the discount rate to 17%. Suppose the salvage value is uncertain. How large would the salvage value have to be to result in a positive net present value? Minimum salvage value required to generate a positive present value