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 148-1 and Exhibit 14B-2. (Use appropriate factor(s) from the tables provided.) 1 Chapter 14: Applying Excel 4 5 $ $ 3 Data 4 Example E 5 Cost of equipment needed 6 Working capital needed Overhaul of equipment in four years 8 Salvage value of the equipment in five years 9 Annual revenues and costs 10 Sales revenues 11 Cost of goods sold 12 Out-of-pocket operating costs 13 Discount rate 310,000 30,000 35.000 20,000 $ $ S $ 390,000 245.000 65,000 10% GA d. Reset the discount rate to 10%. 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