please do by using tabulated factors and through excel

* when doing it in excel please show formulas used to see how it was done

Anderson-McKee Construction expects to spend $835,000 for heavy equipment replacement now and another $1.1 million two (2) years from now. What equivalent annual revenue (i.e., every 12 months) over the next 4 years justifies purchase of the new machines? Assume the company's MARR is 8% per year compounded quarterly