Bloopers analysts have come up with the following revised estimates for its magnoosium mine: Range Pessimistic Optimistic Initial investment + 45 % 25 % Revenues 15 % + 25 % Variable costs + 25 % 25 % Fixed cost + 20 % 25 % Working capital + 20 % 30 % Conduct a sensitivity analysis for each variable and range and compute the NPV for each. Use Spreadsheet 10.1 and accompanying data as a starting point for the analysis. (Do not round intermediate calculations. Negative amounts should be indicated by a minus sign. Enter your answers in thousands rounded to the nearest whole dollar.)

10,000 2,000 15,000 40.0% A. Inputs Initial investment (s thousands) Salvage value (5 thousands) Initial revenues ($ thousands) Variable costs (% of revenues) Initial fixed costs (Sthousands) Inflation rate (%) Discount rate (%) Receivables (% of sales) Inventory (% of next year's costs) Tax rate (%) 4,000 5.0%) 12.0% 16.7% 15.0% 21.0% Year: 0 1 2 3 4 5 6 10,000 B. Fixed assets Investments in fixed assets Sales of fixed assets Cash flow from fixed assets 1,580 -10,000 1,580 c. Operating cash flow Revenues Variable expenses Fixed expenses 15,000 15,750 16,53817,364 18,233 6,000 6,300 6,615 6,946 7,293 4,000 4,200 4,410 4,631 4,862 2,000 2,000 2,000 2,000 2,000 3,000 3,250 3,513 3,788 4,078 630 683 738 796 856 Depreciation Pretax profit | Profit after tax Operating cash flow 2,370 2,568 2,775 2,993 3,221 4,370 4,568 4,775 4,993 5,221 D. Working capital Working capital Change in working capital Cash flow from investment in working capital 1,500 4,075 4,279 4,493 4,717 3,039 0 1,500 2,575 204 214 225 -1,679 -3,039 -1,500 -2,575 -204 -214 -225 1,679 3,039 0.408 0.408 0.408 0.408 0.250 E. Project valuation Total project cash flow Discount factor PV of cash flow Net present value -11,500 1,795 4,364 4,561 4,7686,900 4,619 1.000 0.893 0.797 0.712 0.636 0.567 0.507 -11,500 1,603 3,479 3,246 3,030 3,915 2,340 6,113.1