MaxiCare Corporation, a not-for-profit organization, specializes in health care for senlor citizens. Management is considering whether to expand operations by opening a new chain of care centers in the Inner clty of large metropolitan areas. For a new facility, Initial cash outlays for lease, renovations, net working capltal, training, and other costs are expected to be about $15 million. The corporation expects the cash Inflows of each new facility in its first year of operation to equal the Initial investment outlay for the facility. Net cash Inflows are expected to increase to $1 million in each of years 2 and 3;$2.5 million in year 4 ; and $3 million in each of years 5 through 10. The lease agreement for the facility will explre at the end of year 10, and MaxiCare expects the cost to close a facility will pretty much exhaust all cash proceeds from the disposal. Cost of capital for MaxiCare is estimated as 12%. Assume that all cash flows occur at year end. Required: 1. Compute (using the bullt-in NPV function in Excel) the net present value (NPV) for the proposed investment. (Negative amount should be indlcated by a minus slgn. Enter your answer in whole dollers, not in millions, rounded to nearest whole dollar.) 2. Compute (using the built-in IRR function in Excel) the internal rate of return (IRR) for the proposed Investment. (Round your flnal answer 2 decimal places.) 3. What is the breakeven selling price for this Investment, that is, the price that would yleld an NPV of $0 ? (Use the Goal Seek function In Excel to determine the breakeven selling price. The following online tutorlal may be helpful to you: (Enter your answer In whole dollars, not in millions, rounded to nearest whole dollar.)