Required information The Chapter 13 Form worksheet is to be used to create your own worksheet version of Example E and Exhibit 13-8 in the text 2. The company is considering a project involving the purchase of new equipment. Change the data area of your worksheet to match the following: Use Exhibit 13B-1 and Exhibit 13B-2. (Use appropriate factor(s) from the tables provided.) A B Chapter 13: Applying Excel 2 Data 3 Example E Cost of equipment needed Working capital needed 4 530,000 5 25,000 6 Overhaul of equipment in four years 7 50,000 Salvage value of the equipment in five years Annual revenues and costs: 8 40,000 9 Sales revenues 10 435,000 Cost of goods sold 215,000 11 Out-of-pocket operating costs 75,000 12 13 Discount rate 11 % Required information 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 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 11%. 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 positive present value