A company wants to open a warehouse. A company owns a building that it could use, then sell it for $100,000 after taxes, should it decide not to open the new warehouse. Use straight line depreciation over the project's Three Year life. There will be Zero on salvage. There is No new working capital neededrevenues and other operating costs would be constant over the project's Three Year life.

Please Use Excel Functions to show answer.

What is the project's NPV?

(Cash flows constant 1-3yrs)

Project cost of capital (r); 10.0%

Opportunity cost; $100,000

Net Cost Equipment (Dep. Basis); $65,000

Depreciation on Equipment.; 33.333%

Sales Yearly; $123,000

Operating costs (Not showing Deprec.); $25,000

Tax rate; 25%

Please use Excel and show the functionshappy to thumbs up, need to see how to calculate.