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Eisner Company has an opportunity to manufacture and sell a new product for a five-year period. The company estimated the following costs and revenues for

Eisner Company has an opportunity to manufacture and sell a new product for a five-year period. The company estimated the following costs and revenues for the new product: Cost of new equipment $ 420,000 Initial working capital required $ 85,000 Overhaul of the equipment after three years $ 50,000 Salvage value of the equipment after five years $ 30,000 Annual revenues and costs: Sales $ 850,000 Variable expenses $ 500,000 Fixed out-of-pocket operating costs $ 201,000 When the project concludes in five years the working capital will be released for investment elsewhere in the company. Click here to download the Excel template, which you will use to answer the questions that follow. Click here for a brief tutorial on Goal Seek in Excel. rev: 05_07_2020_QC_CS-210952, 01_11_2021_QC_CS-246235 2. Refer to the Excel template

g. Once this template has been used to calculate the internal rate of return, what dollar amount will appear in cell B17?

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