I need the formulas for the 2 empty yellow boxes. Formulas need to be written like this ex: (=D7-D8-F25)

3 Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.9 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life. The project is estimated to generate $2,190,000 in annual sales, with costs of $815,000. The project requires an initial investment in net working capital of $300,000, and the fixed asset will have a market value of $210,000 at the end of the project. What is the project's Year 0 net cash flow? Year 1? Year 2? Year 3? The tax rate is 21 percent. If the required return is 12 percent, what is the project's NPV? 4 5 6 7 Asset investment Estimated annual sales Costs Net working capital Pretax salvage value Tax rate Project and asset life Required return 09 69 69 69 69 9 2,900,000 2,190,000 815,000 300,000 210,000 21% 3 12% 10 11 12 13 14 15 Complete the following analysis. Do not hard code values in your calculations. You must use the built-in Excel function to calculate the NPV. $ Aftertax salvage value Sell equipment Taxes Aftertax cash flow 210,000 (44,100) 165,900 $ $ Sales Costs Depreciation EBT Taxes Net income 2,190,000 $ 815,000 966,667 408,333 $ 85.750 322,583 $ 2.190,000 $ 815.000 966,667 408,333 $ 85.750 322,583 $ 2.190,000 815,000 966,667 408,333 85,750 322,583 S S $ Capital spending Net working capital OCF Net cash flow (2,900,000) (300.000) 165,900 300,000 1,289,250 $ S 1,289,250 $ 1,289,250 $ 1,289.250 1,289,250 S (3,200,000) Units) Saved Help 19 20 Sell equipment Taxes Aftertax cash flow $ S 210,000 (44,100) 165,900 21 22 23 24 $ 25 26 Sales Costs Depreciation EBT Taxes Net income 2,190,000 $ 815,000 966,667 408,333 $ 85,750 322,583 $ 2,190,000 $ 815,000 966,667 408,333 $ 85,750 322,583 $ 2,190,000 815,000 966.667 408,333 85,750 322,583 27 28 29 $ 30 $ $ 31 Capital spending Net working capital OCF Net cash flow (2,900,000) (300,000) 165.900 300,000 1,289,250 32 33 34 Gle 1.289,250 $ 1.289.250 $ S (3,200,000) 1.289,250 1,289,250 35 NPV 36 37 38 39