$**$ Could someone please let me know if I have done the math on the excel spreadsheet correctly? I$\text{'}$m not sure if I$\text{'}$m coming up with the right Net Operating Cash flows and if I should add in the depreciation on the old machine??$**$ I attached a picture of my work so far and the values given for the problem.

Develop a capital budgeting schedule using the attached Cash Flow Estimation Worksheet $($Excel spreadsheet$)$ that should list all relevant cash flow items and amounts related to the replacement project over the $7-$year expected life of the new pumping system.