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 128-1 and Exhibit 128-2 (Use appropriate factor(s) from the tables provided.) B A Chapter 12: Applying Excel 1 2 3 4 5 S S 6 Data 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: Sales revenues Cost of goods sold Out-of-pocket operating costs Discount rate 290.000 20.000 30,000 35,000 7 S S 8 9 10 11 12 13 S S S 380.000 245.000 80,000 12% 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.) Net present value c. The Internal rate of retum 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 12%. 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 net present value