Pazifruta Inc. wants to set up a plant to produce curuba nectar. They are studying the acquisition of a piece of land worth $300 million*. In it they will build a building worth $480 million, depreciable over 20 years. The Astra-Laval teams they need are worth $1,230 million, fully depreciable over 10 years. The operation also requires a truck, the acquisition cost of which is $240 million, depreciable over 5 years. For all cases the line method is applied straight, with zero salvage value. The project is expected to generate during its 10-year useful life, sales revenue of $800 million per year, and expenses for salaries, raw materials, services and fuels for $350 million per year. The income tax rate is 30% Assume that the fixed assets are sold at the end of the project for their book value, and that the cost of capital of Pazifruta Inc. is 15% EA. Should the project?

*Remember that land is not depreciated.

Please solve as if it were in Excel! Thanks