Question: Could you please help me to determine the answer to below and show also how this could be determined in excel? Calculating Project NPV.Paul Restaurant

Could you please help me to determine the answer to below and show also how this could be determined in excel?

Calculating Project NPV.Paul Restaurant is considering the purchase of a $9,300 souffle maker.The souffle maker has an economic life of five years and will be fully depreciated by the straight-line method.The machine will produce 1,400 souffles per year, with each costing $1.97 to make and priced at $4.95.The discount rate is 14 percent and the tax rate is 21 percent.Should the company make the purchase?

Thank you

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