21 24 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 12B-1 and Exhibit 12B-2. (Use appropriate factor(s) from the tables provided.) A 0.6 points B C 1 Chapter 12: Applying Excel 2 3 Data 4 Example E eBook 5 Cost of equipment needed $ 330,000 6 e Working capital needed $ 25,000 7 Files Overhaul of equipment in four years $ 20,000 8 Salvage value of the equipment in five years $ 40,000 9 Annual revenues and costs: Print 10 Sales revenues $ 360,000 11 Cost of goods sold $ 225,000 12 Out-of-pocket operating costs $ 55,000 References 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.) Not present value