SOLVE ON AN EXCEL SPREEDSHEET AND SHOW YOUR FORMULARS A high-tech company is considering automating its piece-goods screen-printing system at a cost of $20,000. The firm expects to phase out the new printing system at the end of five years due to changes in style. At that time, the firm could scrap the system for $2,000 in today's dollars. The expected net savings due to automation also are in today's dollars (constant dollars): End of Year Cash Flow (in Constant $) 1 $22,000 2 $19,000 3-5 $15,000 The system qualifies as a five-year MACRS property and will be depreciated accordingly. The expected average general inflation rate over the next five years is approximately 5% per year. The firm will finance the entire project by borrowing at 10%. The scheduled repayment of