Required information The Chapter 14 Form worksheet is to be used to create your own worksheet version of Example E and Exhibit 14-8 in the text. Download the Applying Excel form and enter formulas in all cells that contain question marks. For example, in cell C21 enter the formula " 4104. Note: The present value factors could be computed using the built-in Excel function PV, but we recommend using the formulas in Appendix 148. Verify that your worksheet matches the example in the text Check your worksheet by changing the discount rate to 10%. The net present value should now be between $56.400 and $56.535 depending on the precision of the calculations, If you do not get an answer in this tange. Find the eqrors in your worksheet and correct them. If you did not use formitas to calculate the Discount Factors, be sure that those values are updated appropriotely using the Appendix 14B formulas that are also notod at the bottom of the apreadsheet instead of using the Discount Foctor tables. Click here to view Exbibit 14Bal and Exhibit 148.2, to determine the appropriate discount factor(s) using tables: Save your completed Applying Excel form to your computer and then upload it here by clicking "Browse." Next, click "Save." You will use this worksheet to answer the questions in Part 2. Chapter 14: Applying Excel Data Example E Cost of equipment needed Working capital needed Overhaul of equipment in four years Salvage value of the equipment in five years Annual revenues and costs: $60,000 $100,000 $5,000 $10,000 Enter a formula into each of the cells marked with a? below Exhibit 14-8 Purchase of equipment Investment in working capital Sales Cost of goods sold Out-of-pocket operating costs Overhaul of equipment Salvage value of the equipment Working capital released Total canh flows (o) Discount factor (14%) (b) Present value of cash flows (a) (b) Net prosont value Not mensent viuluo -Use the formulas from Appendix 138: Present value of $1=1/(1+1)nn Presont value of an annuity of $1=(1/r)2(1(1/(1+1)2n)) where n is the number of years and t is the discount rato The Chapter 14 Form worksheet is to be used to create your own worksheet version of Example E and Exhibit 14-8 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 148-1 and Exhibit 148-2. (Use appropriate factor(s) from the tables provided.) 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.) c. The internal rate of return is between what two whole discount rates (e. g. between to\% and 11%, between 11% and 12%, between 12% and 13%, between 13% and 14%, etcj? 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.)? d. Reset the discount rate to 17% Suppose the salvage value is uncertain. How large would the salvage value have to be to result in a postive net present value? Required information The Chapter 14 Form worksheet is to be used to create your own worksheet version of Example E and Exhibit 14-8 in the text. Download the Applying Excel form and enter formulas in all cells that contain question marks. For example, in cell C21 enter the formula " 4104. Note: The present value factors could be computed using the built-in Excel function PV, but we recommend using the formulas in Appendix 148. Verify that your worksheet matches the example in the text Check your worksheet by changing the discount rate to 10%. The net present value should now be between $56.400 and $56.535 depending on the precision of the calculations, If you do not get an answer in this tange. Find the eqrors in your worksheet and correct them. If you did not use formitas to calculate the Discount Factors, be sure that those values are updated appropriotely using the Appendix 14B formulas that are also notod at the bottom of the apreadsheet instead of using the Discount Foctor tables. Click here to view Exbibit 14Bal and Exhibit 148.2, to determine the appropriate discount factor(s) using tables: Save your completed Applying Excel form to your computer and then upload it here by clicking "Browse." Next, click "Save." You will use this worksheet to answer the questions in Part 2. Chapter 14: Applying Excel Data Example E Cost of equipment needed Working capital needed Overhaul of equipment in four years Salvage value of the equipment in five years Annual revenues and costs: $60,000 $100,000 $5,000 $10,000 Enter a formula into each of the cells marked with a? below Exhibit 14-8 Purchase of equipment Investment in working capital Sales Cost of goods sold Out-of-pocket operating costs Overhaul of equipment Salvage value of the equipment Working capital released Total canh flows (o) Discount factor (14%) (b) Present value of cash flows (a) (b) Net prosont value Not mensent viuluo -Use the formulas from Appendix 138: Present value of $1=1/(1+1)nn Presont value of an annuity of $1=(1/r)2(1(1/(1+1)2n)) where n is the number of years and t is the discount rato The Chapter 14 Form worksheet is to be used to create your own worksheet version of Example E and Exhibit 14-8 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 148-1 and Exhibit 148-2. (Use appropriate factor(s) from the tables provided.) 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.) c. The internal rate of return is between what two whole discount rates (e. g. between to\% and 11%, between 11% and 12%, between 12% and 13%, between 13% and 14%, etcj? 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.)? d. Reset the discount rate to 17% Suppose the salvage value is uncertain. How large would the salvage value have to be to result in a postive net present value