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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

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 128-1 and Exhibit 12B-2.(Use approprlate factor(s) from the tables provided.)
\table[[,A,,B,C],[1,Chapter 12: Applying Excel,,,],[2],[3,Data,,,],[4,Example E,,,],[5,Cost of equipment needed,s,380,000,],[,Working capital needed,s,55,000,],[6,Overhaul of equipment in four years,s,50,000,],[7,Salvage value of the equipment in five years,s,20,000,],[8,Annual revenues and costs:,,,],[9,Sales revenues,s,420,000,],[10,Cost of goods sold,s,220,000,],[11,Out-ol-pocket operating costs,s,75,000,],[12,Discount rate,,16,%
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