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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 148-1 and Exhibit 14B-2 (Use appropriate factor(s) from the tables provided.) A 1 Chapter 14: Applying Excel 2 3 Data B C 6 4 Example E 557 Cost of equipment needed Working capital needed $ 170,000 $ 30,000 7 Overhaul of equipment in four years $ 15,000 8 Salvage value of the equipment in five years $ 25,000 9 Annual revenues and costs: 1 10 Sales revenues $ 375,000 11 Cost of goods sold $ 260,000 12 Out-of-pocket operating costs $ 65,000 13 Discount rate 18 %

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