Please solve it in excel including all formulas and showing cells that you are using! Thanks!

A D E G H K XYZ, Inc. is considering a 5-year project. The production will require net working capital investments each year equal to 15% of the projected sales. Total fixed costs are $1,350,000 per year, variable production costs are $210 per unit, and the units are priced at $345 each. The equipment needed to begin production has an intalled cost of $23,000,000. The equipment is qualified as seven-year MACRS property. The company Is In the 35% marginal tax bracket and has a required rate of return on all its projects of 18%. Salvage value will be the same as the book value at the end of year 5. Please finish the project valuation and answer the following questions. All the colored cells need to 1 be filled in. 2 3 Input Area 4 Year 1 2 3 4 5 6 7 8 Projected unit 5 sales 80,000 85,000 90,000 95,000 95,000 D 0 0 0 6 7 MACAS Rates 14.29% 24.49% 17.49% 12.49% 8.93% 9.92% 8.93% 4.46% 8 9 9 NWC/year (% of projected sales) 15% 10 Fixed costs $1,350,000 11 Variable cost per unit $210 12 Unit price $345 13 Equipment cost, year o $ $23,000,000 14 Tax Rate 35% 15 Required return 18% 16 17 1. Please complete the cash flow estimation table. What are the projected cash flows for each year? (5 polnts) 18 19 20 21 Year g 1 2 3 4 5 22 Endine book value 23 Depreciation 24 Depreciation (Accum) 25 26 Sales 27 Variable costs 28 Fixed costs 29 Depreciation 30 EBIT 31 Taxes 32 Net income 33 34 NOPAT 35 Charee in NWC 36 CAPEX 37 Salvage value 38 Tatal cash flow 39 40 41 2. What is the NPV and IRR for this project? Shall the project be accepted? Why? 12 points) 42 43 NPV = IRR = 45 44 Type your answer here: 46 47 * Change 48 3. please identify top 3 value drivers using break-even senstivity analysis (2 points 49 50 Variable Expected Value Critical Valur 51 NWC 1%) 52 Variable Cost 53 Unit Price 54 Tax Rate 55 Discount Rate 56 57 58 4. Using the following table and Excel scenario manaEer function to conduct a scenario analysis. In this analysis, please cover warst, expected, and best scenario. Please make sure 59 to change the cell references in the scenario summary table to proper variable names so your results are understandable. 12 points) 60 61 Variable Expected Value Minimum Maximum 62 NWC1%) 15% 12% 17% 63 Variable Cost 210 200 230 Please note: minimum doesn't mean worst 64 Unit Price 345 320 355 scenario, and maximum doesn't mean best 65 Tax Rate 35% 30% 40% scenario either. 66 Discount Rate 18% 15% 20% A D E G H K XYZ, Inc. is considering a 5-year project. The production will require net working capital investments each year equal to 15% of the projected sales. Total fixed costs are $1,350,000 per year, variable production costs are $210 per unit, and the units are priced at $345 each. The equipment needed to begin production has an intalled cost of $23,000,000. The equipment is qualified as seven-year MACRS property. The company Is In the 35% marginal tax bracket and has a required rate of return on all its projects of 18%. Salvage value will be the same as the book value at the end of year 5. Please finish the project valuation and answer the following questions. All the colored cells need to 1 be filled in. 2 3 Input Area 4 Year 1 2 3 4 5 6 7 8 Projected unit 5 sales 80,000 85,000 90,000 95,000 95,000 D 0 0 0 6 7 MACAS Rates 14.29% 24.49% 17.49% 12.49% 8.93% 9.92% 8.93% 4.46% 8 9 9 NWC/year (% of projected sales) 15% 10 Fixed costs $1,350,000 11 Variable cost per unit $210 12 Unit price $345 13 Equipment cost, year o $ $23,000,000 14 Tax Rate 35% 15 Required return 18% 16 17 1. Please complete the cash flow estimation table. What are the projected cash flows for each year? (5 polnts) 18 19 20 21 Year g 1 2 3 4 5 22 Endine book value 23 Depreciation 24 Depreciation (Accum) 25 26 Sales 27 Variable costs 28 Fixed costs 29 Depreciation 30 EBIT 31 Taxes 32 Net income 33 34 NOPAT 35 Charee in NWC 36 CAPEX 37 Salvage value 38 Tatal cash flow 39 40 41 2. What is the NPV and IRR for this project? Shall the project be accepted? Why? 12 points) 42 43 NPV = IRR = 45 44 Type your answer here: 46 47 * Change 48 3. please identify top 3 value drivers using break-even senstivity analysis (2 points 49 50 Variable Expected Value Critical Valur 51 NWC 1%) 52 Variable Cost 53 Unit Price 54 Tax Rate 55 Discount Rate 56 57 58 4. Using the following table and Excel scenario manaEer function to conduct a scenario analysis. In this analysis, please cover warst, expected, and best scenario. Please make sure 59 to change the cell references in the scenario summary table to proper variable names so your results are understandable. 12 points) 60 61 Variable Expected Value Minimum Maximum 62 NWC1%) 15% 12% 17% 63 Variable Cost 210 200 230 Please note: minimum doesn't mean worst 64 Unit Price 345 320 355 scenario, and maximum doesn't mean best 65 Tax Rate 35% 30% 40% scenario either. 66 Discount Rate 18% 15% 20%