1 Chapter 13: Applying Excel 3 Data 4 Example C 5 Cost of equipment needed 6 Working capital needed 7 Overhaul of equipment in four years 8 Salvage value of the equipment in 9 Annual revenues and costs 10 Sales revenues 11 Cost of goods sold 12 Out-of-pocket operating costs 13 Discount rate 14 $200,000 $20,000 $15,000 $25,000 $365,000 $230,000 $75,000 16% a. What is the net present value of the project? (Negative amount should be indicated by a minus sign. Round all other intermediate calculations to nearest whole dollar.) et presen value