can someone do this correctly on excel and show formulas please?

Easy Electronics is a midsized electronics manufacturer located in Key West FL. The company president is Shelly Couts who inherited the company. When it was founded over 70 years ago, the company originally repaired radios and other household appliances. Over the years, the company expanded into manufacturing and is now a reputable manufacturer of various electronic items. Jay McCandless, a recent MBA graduate, has been hired by the company's finance department. One of the major revenue producing items manufactured by Easy Electronics Inc is a smartphone. Easy Electronics Inc currently has one smartphone model on the market, and sales have been excellent. The smartphone is a unique item, in that it comes in a variety of tropical colors and is preprogrammed to play Jimmy Buffett music. However, as with any electronic item, technology changes rapidly, and the current smartphone has limited features in comparison with newer models. Easy Electronics spent $950,000 to develop a prototype for a new smartphone that has all the features of the existing smartphone but adds new features such as Wi-Fi tethering. The company has spent a further $250,000 for a marketing study to determine the expected sales figures for the new smartphone. Easy Electronics Inc can manufacture the new smartphones for $245 each in variable costs. Fixed costs for the operation are estimated to run $6.9 million per year. The estimated sales volume is 160,000,170,000,130,000,105,000, and 80,000 per year for the next five years, respectively. The unit price of a new smartphone will be $575. The necessary equipment can be purchased for $49.5 million and will be depreciated on a seven-year MACRS schedule. It is believed the market value of the equipment in five years will be $16.8 million. As previously stated, Easy Electronics Inc currently manufacturers a smartphone. Production of the existing model is expected to be terminated in two years. If Easy Electronics Inc does not introduce the new smartphone, sales will be 95,000 units and 65,000 units for the next two years, respectively. The price of the existing smartphone is $435 per unit, with variable costs of $155 each and fixed costs of $4.3 million per year. If Easy Electronics Inc does introduce the new smartphone, sales of the existing smartphone will fall by 30,000 units per year, and the price of existing units will have to be lowered to $235 each. Net Working Capital for the smartphones will be 20% of sales and will occur with the timing of cash flows for the year; for example, there is no initial outlay for networking capital, but changes in net working capital will first occur in year 1 with the firstyear sales. Easy Electronics Inc has a 21% corporate tax rate and a required rate of return of 12%. Easy Electronics Inc just paid a dividend of $3.65 per share. The company will increase its dividend by 20% next year and then reduce its dividend growth by five percentage points per year until it reaches the industry average of 5% dividend growth, after which the company will keep a constant growth rate forever. There are currently 10 million shares owned by shareholders of the company. Shelley has asked Jay to prepare an excel report that is easy to follow for senior management that shows the key assumptions and calculations to answer the following questions: 1. Calculate and present the cash flows for the project. a. Initial Investments b. Operating Cash Flows c. Terminal Cash Flows 2. Calculate the NPV of the project. 3. Calculate the IRR of the project. 4. Calculate the Payback Period of the project. 5. Calculate the Profitability Index of the project. 6. Calculate what a share of Easy Electronics Inc will sell for today. 7. Calculate and explain the impact of the project NPV on the company's stock. 8. Explain which of the calculated measures you should pay most attention to. Explain what shortcomings some of the calculations may have. Appendix A. Modified ACRS Depreciation Schedule