Asap.

Quixotic Enterprises is about to embark on another venture. Poncho Sanchos, the faithful financial analyst, once again will examine the viability of this venture after 31 failures. A number of windmills are to be constructed on the southern frontier to generate electricity. They will cost $341,000 and will last 10 years, at which time they will have an estimated salvage value of $26,000. However, a capital upgrade of $100,000 will be required at the end of five years. An inventory of spare parts (working capital) amounting to $9.000 will be required during the term of the venture and will be housed in a warehouse that is currently not being used, but which has been used for Quixotic's previous ventures. The warehouse could be rented out at $6,000 per year. This enterprise is expected to generate cash from the sale of electricity of $140,000 a year for 10 years. Cash expenses for each of the 10 years will be $8,000 The company's tax rate is 30 percent, the CCA rate is 5 percent and the cost of capital is 21 percent. Requirements: A. Caiculate the Net Present Value of the Windmill venture by completing the table below. You need a number for every cell in this spreadsheet) B. It's not worth any marks, but it helps with the marking: what number did you use for (Cpv. Spv) ? (Enter your anwer os a postive number) C. Should Quixotic dream the impossible dream and invest in the Windmill venture