Calculate the Net Present Value (NPV) for a project business case. (Use Microsoft Excel to derive the NPV assuming the data belowsubmit an Excel spreadsheet as an appendix:

• Purchase price of $400,000.
• One-time project costs total of $100,000 spent in Year 0.
• Net benefits after taxes of $150,000 per year for five years.
• Salvage value for Year 6 and beyond of $400,000.)