5 KH 5. FILE HOME Calculating NP-Excel FORMULAS DATA REVIEW INSERT PAGE LAYOUT VIEW Sign In 36 Calibri B I -19-AA E.O. A U. Alignment Number Paste Clipboard Editing Conditional Format as Cell Formatting Table Styles Styles Cells - Font Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.9 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life. The project is estimated to generate $2,190,000 in annual sales, with costs of $815,000. The project requires an initial investment in net working capital of $300,000, and the fixed asset will have a market value of $210,000 at the end of the proje Year 0 net cash flow? Year 17 Year 27 Year 37 The tax rate is 21 percent. If the required return is 12 percent, what is the project's NPV? $ $ 2,900,000 2,190,000 815,000 Asset investment Estimated annual sales Costs Net working capital Pretax salvage value Tax rate Project and asset life Required return $ 210,000 21% 12% Complete the following analysis. Do not hard code values in your calculations. You must me tha hasil in Freal function to calculate the NOV Calculating NPV - Excel FORMULAS DATA REVIEW FILE INSERT PAGE LAYOUT VIEW Sign In HOME Calibri B I 11 A M .A. U. E Alignment Number Cells Editing Paste Clipboard Conditional Format as Cell Formatting Table - Styles Styles Font AI Complete the following analysis. Do not hard code values in your calculations. You must use the built-in Excel function to calculate the NPV. Aftertax salvage value Sell equipment Taxes Aftertax cash flow Sales Costs Depreciation EBT Taxes Net income Capital spending Net working capital OCF Net cash flow NPV