Part 1: Company J is considering a project with a 4-year lifespan. The initial cash flow estimate is $125million in the first year increasing by $125million in each of the years 2 through 4. To begin the project, the company will need to invest $1billion dollars. Company J would like to cover the initial investment amount with existing internal resources and thereby not borrow. As such it remains an all-equity firm. The unlevered cost of its equity is 10%, similar to other firms in the industry sector. There will be no terminal value of significance at the end of year 4. Using the domestic APV equation below, construct a spreadsheet model to determine whether it makes sense for Company J to proceed with this project. Please see an example for an APV spreadsheet at the Corporate Finance Institute website. You should attach your spreadsheet below. APV=Et=1T((OCFt)(1-T)(1+Ku)t+