Question: I need someone to convert the formulas shown in the attachment into an Excel spreadsheet. You'll see one attachment (Word) with the question, and the

I need someone to convert the formulas shown in the attachment into an Excel spreadsheet. You'll see one attachment (Word) with the question, and the formulas are in the PDF attachment. Thank you!

8. value: 1.00 points Kinky Copies may buy a high-volume copier. The machine costs $40,000 and will be depreciated straight-line over 5 years to a salvage value of $6,000. Kinky anticipates that the machine actually can be sold in 5 years for $12,000. The machine will save $6,000 a year in labor costs but will require an increase in working capital, mainly paper supplies, of $3,000. The firm's marginal tax rate is 35%, and the discount rate is 14%. (Assume the net working capital will be recovered at the end of Year 5.) Calculate the NPV. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.) NPV $ Should Kinky buy the machine? Yes No
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