A company is considering purchasing equipment costing $200,000 to expand their business. The equipment is expected to have a useful life of 5 years with no disposal value. The companys required rate of return is 14%. The estimated savings in cash operating costs are as follows: Year Amount 1 80,000 2 70,000 3 30,000 4 50,000 5 75,000 Please compute the following using Excel functions, where applicable, and not present value tables: Payback Period Discounted Payback Period Net Present Value Internal Rate of Return The payback period and discounted payback period should be rounded to 2 decimal places. Discounted cash flow amounts should be rounded to the nearest dollar. The internal rate of return should be rounded to 2 decimal places as a percentage. Explain if the capital budgeting proposal should be accepted or rejected based on your computations.