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 148-2 (Use appropriate factor(s) from the tables provided.) 1 Chapter 14 Applying Excel 2 3 Data 4 Example E 5 Cost of equipment needed $ 110,000 6 Working capital needed $ 30,000 7 Overhaul of equipment in four $ 10,000 8 Salvage value of the equior in five years $ 30,000 9 Annual revenues and costs Sales revenues $ 10 360,000 Cost of goods sold $ 275,000 11 Out of pocket operating costs $ 55,000 12 Discourt rate 17% 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) The internal rate of return is between what two whole discount rates jeg. between 10% and 10%, between 1% and 12% between 12 and 13%, between 13% and 14%, etc The f Prev