10. [10] Please refer to the accompanying spreadsheet file for the analysis related to a hog feed project. United Feed is considering a proposal to produce hog feed. The hog feed project requires an investment in new plant and equipment of $2.20 million. This could be depreciated for tax purposes straight-line over 10 years to zero salvage value. However, the plant and equipment will be sold when the project is terminated for $1.8 million. The project will generate sales for 3 years and will be terminated at the end of year 4. Year 1 sales of hog feed are expected to be 10,000 tons at $520 per ton, and thereafter quantity is forecasted to grow by 4% a year while the price remains constant. Costs are expected to be $416 per ton. Profits are subject to tax at 40% and the cost of capital is 13%. The project requires the following amounts in working capital, $450,000, $520,000, $540,800, $562,432 in year 0 year 3, respectively and the accumulated level of working capital in year 3 will be recovered in year 4. Determine the value of shaded cells in the Page 2 of 3