I need question 4 in excel.

3. (20 Pts) Assume a company is considering financing a project using project financing techniques. The project has the following parameters: Cash revenues during the first full year (R) - $300 million Cash expenses during the first fullyear (E) -S40 million Noncash expenses deductible for tax purposes each year (C)-S30 million Income tax rate (T)-20% Annual growth rate of cash revenues (gR)-6% Annual growth rate of cash expenses (3)-5% Interest rate on the debt (i)-12% Life of the loan measured from the date of project completion (N)-4 years Rentals- S0 Target cash flow coverage ratio (a)-1.5 Calculate the maximum borrowing capacity of this project by obtaining and using the after- tax operating cash flows. Assume full drawdown immediately prior to completion. 4. (20 Pts) In Question-3, calculate the interest coverage ratios (ICR) and debt service coverage ratios (DSCR) for each year during the life of the loan if the maximum borrowing capacity is used with an equal repayment amortization schedule? Comment on the results