1. For a new product, sales volume in the first year is estimated to be 75,000 units and is projected to grow at a rate of 6.6% per year. The selling price is $100 and will increase by $10 each year. Per-unit variable costs are $20 and annual fixed costs are $1,000,000. Per-unit costs are expected to increase 4.25% per year. Fixed costs are expected to increase 10% per year. Develop a spreadsheet model to predict the net present value of profit over a three-year period, assuming a 4% discount rate. Note: Please include the Excel worksheet with all the details with your