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2. The company is considering a project involving the purchase of new equipment. Change the data area of your worksheet to match the following:

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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 14B-1 and Exhibit 14B-2. (Use appropriate factor(s) from the tables provided.) A 1 Chapter 14: Applying Excel 2 3 Data 4 Example E B C 69 5 Cost of equipment needed Working capital needed 330,000 25,000 7 Overhaul of equipment in four years 35,000 8 Salvage value of the equipment in five years 35,000 9 Annual revenues and costs: 10 Sales revenues 11 Cost of goods sold 12 Out-of-pocket operating costs 13 Discount rate 395,000 250,000 60,000 11 %

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