Chauhan Restaurant is considering the purchase of a souffl$$ maker that costs $$11,100.$ The souffl$$ maker has an economic life of $8$ years and will be fully depreciated by the straight$-$line method. The machine will produce $1,600$ souffl$$s per year, with each costing $$2\mathrm{.}80$ to make and priced at $$4\mathrm{.}75.$ The discount rate is $12$ percent and the tax rate is $25$ percent. What is the NPV of the project?

I keep getting my excel spreadsheet wrong.

I initiail inv $11100$

depr$/$ yr $1387\mathrm{.}51732\mathrm{.}50-11100$

number $160012686\mathrm{.}875$

cost per suoffles $2\mathrm{.}8$ differentce $22686\mathrm{.}875$

sale price $4\mathrm{.}751\mathrm{.}9532686\mathrm{.}875$

DISC RATE $14\%42686\mathrm{.}875$

OP INFLOW $312052686\mathrm{.}875$

tax $25\%62686\mathrm{.}875$

AFTER TAX INF $2686\mathrm{.}87572686\mathrm{.}875$

years $882686\mathrm{.}875$

$4\mathrm{.}638863894$ npv $$1,364\mathrm{.}05$

$3373\mathrm{.}255349$

$1299\mathrm{.}375$