Part B: Now, imagine that Company J finances the project with $600,000,000 of debt at 8%. As such the company becomes a levered firm due to its acquisition of debt. What do the debt and related interest expense mean for the APV of the project if the tax rate is 40%? Update your spreadsheet model from above to demonstrate the effect of this debt on your decision. Complete the following tables. Round your answers to the nearest dollar.

Can you please calculate the cash flows (for four years), discounted cash flow (for four years), interest payments, interest tax shield, discounted tax shield, and APV. Thank you!