! Required information Chapter 14: Applying Excel (Algo) The Chapter 14 Form worksheet is to be used to create your own worksheet vers text. Chapter 14: Applying Excel: Exercise (Part 2 of 2) (Algo) 2. The company is considering a project involving the purchase of new equipment. Chan the following: Use Exhibit 14B-1 and Exhibit 14B-2. (Use appropriate factor(s) from the ta B 1 A Chapter 14: Applying Excel 1 2 Data $ 250,000 50,000 10,000 25,000 $ 4 Example E 5 Cost of equipment needed 6 Working capital needed 7 Overhaul of equipment in four years 8 Salvage value of the equipment in five years 9 Annual revenues and costs: 10 Sales revenues 11 Cost of goods sold 12 Out-of-pocket operating costs 13 Discount rate $ $ $ $ $ 365,000 230,000 70,000 lu 10 % I I a. What is the net present value of the project? (Negative amount should be indicated by a minus sign. Round your present value factor to 3 decimals and round all other intermediate calculations to nearest whole dollar.) Net present value (13,905) c. The internal rate of return is between what two whole discount rates (e.g., between 10% and 11%, between 11% and 12%, between 12% and 13%, between 13% and 14%, etc.)? The internal rate of return is between % and % d. Reset the discount rate to 10%. Suppose the salvage value is uncertain. How large would the salvage value have to be to result in a positive net present value? Minimum salvage value required to generate a positivo prosent value