Question: For this question you will complete your answer in Excel. When you are finished, upload your response by clicking Browse My Computer. Valley Sand and

 For this question you will complete your answer in Excel. When

For this question you will complete your answer in Excel. When you are finished, upload your response by clicking "Browse My Computer". Valley Sand and Gravel, Inc. are purchasing a new crusher for $500,000. It will have a ten-year life and the salvage can be sold for $50,000 at the end of year ten. There will be a major repair at the end of year five and it will cost $10,000. Cash inflows are projected to be $80,000 per year. The firm's cost of capital is 14%. 1. Calculate the NPV of the project. 2. Should they accept the project or not, and why

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