A venture capitalist is considering investing in the following project. From an economic viewpoint, would you recommend it? This business would require expenditures at time 0 of dollar320,000 for land, dollar300,000 for inventory working capital, 51,800,000 for a business building, dollar3,000,000 for equipment and dollar360,000 for vehicles. Starting in year 1 it is estimated that production will generate annual end-of-year escalated revenue of dollar5,000,000 with escalated operating costs of dollar2,000,000. In the following years, it is estimated that revenues will escalate at 12percent per year while operating costs will escalate 8percent per year. At the end of year 4, it is expected that all the assets and working capital can be sold for an escalated terminal value of dollar6,000,000. Use straight-line depreciation over 39 years for the building cost starting in year 1, neglect the impact from the mid-month convention and take a full deduction in year 1. Also, use straight-line depreciation for a 7-year life for the equipment cost starting in year 1 and straight-line depreciation for a 5-year life for the vehicles also starting in year I (assume the half-year convention is relevant for both the 7 and 5 year property in year 1). Assume any sale value gain (or loss) would be accounted for as ordinary income. Write-off the remaining tax-book values against the sale value at the d of year 4 to compute the gain or loss from the sale, Im trying to make an excel file