2. The company is considering a project involving the purchase of new equipment. Change the data area of your worksheet to match the fo lowing: Use Exhibit 148-1 and Exhibit 148-2. (Use appropriate factor(s) from the tables provided.) A B C 1 Chapter 14: Applying Excel 2 3 Data 4 Example E 5 Cost of equipment needed $ 380,000 6 Walking capital needed $ 45,000 7 Overhaul of equipment in four years $ 40,000 8 Salvage value of the equipment in ve years $ 25,000 9 Annual revenues and costs: 10 Saies revenues $ 420,000 11 Cost of goods sold $ 270,000 12 Out-of-pocket operating costs $ 50,000 13 Discount rate 10 % 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.) 9 Answer is oomplete but not entirely correct. c. The internal rate of return 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)? 0 Answer is complete but not entirely correct. Mo - Mo d. Reset the discount rate to 10%. Suppose the salvage value is uncertain. How large would the salvage value have to be to result in a positive net present value? 0 Answer is complete but not entirely correct