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.) Part 2 of 2 A B 1 Chapter 14: Applying Excel 2 5 points 3 Data 4 Example E 5 Cost of equipment needed S 140,000 6 Working capital needed S 40,000 7 Overhaul of equipment in four years S 15,000 Salvage value of the equipment in five years S 25,000 8 Annual revenues and costs: 9 Sales revenues $ 360,000 10 Cost of goods sold S 240,000 11 Out-of-pocket operating costs S 80,000 12 Discount rate 13 % 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.) Answer is complete but not entirely correct. Net present value $ (14,050)