Instructions: Using Excel, solve the following two problems. Show all work in Excel and submit the File through the EduCat system. Turn in this paper with your answers on it$.$

Problem #$1(6$ points$)$

Killarney Company is evaluating a capital expenditure proposal that has the following predicted cash flows:

$\backslash$table$[[$Original investment,$$45,000],[$Cash flow:$],[$Year $1,$$$17,500],[$Year $2,25,000],[$Year $3,15,000],[$Salvage value,$-0-],[$Discount rate Required:,$14\%],[,]]$

Use Excel to determine the following. Please place your answer on the appropriate line.

A$)$ Net present value of the investment. $$

B$)$ Internal rate of retur $$

C$)$ Payback period. $$