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. 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 14B-2. (Use appropriate factor(s) from the tables provided.) B Data $ $ A 1 Chapter 14: Applying Excel 2 3 4 Example E 5 Cost of equipment needed 6 Working capital needed 7 Overhaul of equipment in four years B 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 Discount le 370.000 55,000 40.000 35 000 $ $ 5 420,000 215,000 90.000 105 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.) Nel 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.)? Peneral rate of olum is between % and % d. Reset the discount rate to 16%. Suppose the salvage value is uncertain, How large would the salvage value have to be to result in a positive net present volue? The internal rate of return is between what two whole discount rates (egbetween 10% and 11%, between 11 and 12%, between 12% and 13%, between 13% and 14%, etc.)? To fui Dewan % and d. Reset the discount rate to 16%. Suppose the salvage value is uncertain How large would the salvage value have to be to result in a positive net present value