Chapter 12: Applyina Excel. \begin{tabular}{|l|r|} \hline Data & \\ \hline Example E & \\ \hline Cost of equipment needed & $60,000 \\ \hline Working capital needed & $100,000 \\ \hline Overhaul of equipment in four years & $10,000 \\ \hline Salvage value of the equipment in five years & \\ \hline Annual revenues and costs: & $200,000 \\ \hline Sales revenues & $125,000 \\ \hline Cost of goods sold & $35,000 \\ \hline Out-of-pocket operating costs & 14% \\ \hline Discount rate & \\ \hline \end{tabular} Enter a formula into each of the cells marked with a ? below Exhibit 128 Required information Chapter 12: Applying Excel The Chapter 12 Form worksheet is to be used to create your own worksheet version of Example E and Exhibit 128 in the text. Chapter 12: Applying Excel: Excel Worksheet (Part 1 of 2) Download the Applying Excel form and enter formulas in all cells that contain question marks. For example, in cell C21 enter the formula * B10 : Note: The present value factors could be computed using the built-in Excel function PV, but we recommend using the formulas in Appendix 138. Verify that your worksheet matches the example in the text. Check your worksheet by changing the discount rate to 10%. The net present value should now be between $56,400 and $56,535-depending on the precision of the calculations. If you do not get an answer in this range, find the errors in your worksheet and correct them. If you did not use formulas to calculate the Discount Factors, be sure that those values are updated appropriateiy using the Appendix 13B formulas that are also noted at the bottom the spreadsheet instead of using the Discount Factor tables. Click here to view Exhibit 138-1 and Exhibit 138-2, to determine the appropriate discount factor(s) using tables. Sove your completed Applying Excel form to your computer and then upload it here by clicking "Browse." Next, click "Save." You will use this worksheet to answer the questions in Part 2