Blooper's analysts have come up with the following revised estimates for its magnoosium mine:

Conduct a sensitivity analysis for each variable and range and compute the NPV for each.Use Spreadsheet 10.1.(Do not round intermediate calculations. Negative amounts should be indicated by a minus sign. Enter your answers in thousands rounded to the nearest whole dollar.)

\fSPREADSHEET 10.1 Financial projections for Blooper's magnooslum mine (dollar values in thousands). This table repeats the analysis in Spreadsheet 9.1 except that expenses are now broken down into variable and fixed expenses. A B C D E F G H A. Inputs Initial investment ($ thousands) 10.000 3 Salvage value ($ thousands) 2.000 4 Initial revenues ($ thousands) 15.000 5 Variable costs (% of revenues) 40.0% 6 Initial fixed costs ($ thousands 4.000 7 Inflation rate (6] 5.0% 8 Discount rate (%) 12.0% 9 Receivables (% of sales) 16.7% 10 Inventory (% of next year's costs) 15.0% 11 Tax rate (%) 35.0% 12 13 Year. 0 1 2 3 4 5 6 14 B. Fixed assets 15 Investments in fixed assets 10.000 16 Sales of fixed assets 1,300 17 Cash flow from investment in fixed assets -10.000 1,300 18 19 C. Operating cash flow 20 Revenues 15,000 15,750 16,538 17,364 18.233 21 Variable expenses 6,000 6,300 6,615 6,946 7.293 22 Fixed expenses 4,000 4,200 4,410 4.631 4,862 23 Depreciation 2,000 2,000 2,000 2,000 2,000 24 Pretax profit 3,000 3,250 3,513 3,788 4,078 25 Tax 1,050 1,138 1,229 1,326 1,427 26 Profit after tax ,950 2,113 2,283 2,462 2,650 27 Operating cash flow 3,950 4,113 4,283 4,462 4.650 28 29 D. Working capital 30 Working capital 1.500 4.075 4.279 4.493 4.717 3.039 0 31 Change in working capital 1.500 2,575 204 214 225 -1.679 -3.039 32 Cash flow from investment in working capital -1,500 -2,575 -204 -214 -225 1.679 3,039 33 34 E. Project valuation 35 Total project cash flow -11,500 1,375 3,909 4,069 4,238 6,329 4,339 36 | Discount factor 1.000 0.893 0.797 0.712 0.636 0.567 0.507 37 PV of cash flow -11.500 1,228 3,1 16 2,896 2,693 3,591 2,198 38 Net present value 4.223