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Please use excel formula to answer the question. FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In 8 Calibri 11 AA % Paste

Please use excel formula to answer the question.

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FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In 8 Calibri 11 AA % Paste BIU - Cells Editing Alignment Number Conditional Format as Cell Formatting Table Styles Styles Clipboard Font A1 X A B D E F H I J Parker & Stone, Inc., is looking at setting up a new manufacturing plant in South Park to produce garden tools. The company bought some land six years ago for $3.5 million in anticipation of using it as a warehouse and distribution site, but the company has since decided to rent these facilities from a competitor instead. If the land were sold today, the company would net $3.9 million. The company wants to build its new manufacturing plant on this land; the plant will cost $16.7 million to build, and the site requires $850,000 worth of grading before it is suitable for construction. What is the proper cash flow amount to use as the initial investment in fixed assets when evaluating this project? 5 6 7 Purchase price Current value Cost to build Grading costs $ $ $ $ 3,500,000 3,900,000 16,700,000 850,000 8 9 10 11 12 Complete the following analysis. Do not hard code values in your calculations. Enter a "0" for any cost that should not be included. 13 14 15 Current value Cost to build Grading costs Total cost 16 17 18 19 20 21

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