PLEASE ANSWER USING :

1 - EXCEL

2 - DISPLAY FUNCTIONS/CELLS USED AND PROVIDE ORGANIZED SOLUTION EXPLAINING ANSWER

I WILL UPVOTE YOUR ANSWER

Page 3 of 10 Question 3 (1 point Your firm is considering a new project. The project would lust for years of would have to purchase a new piece of equipment. The equipment costs $1,610,000. The equipment could be sold at the end of the project for $670.000 The project would generate revenues of $1.810.000 per year and it would have operating costs of $862.000 per year. The company would have to invest 5197.000 in operating networking capital initially Operating networking capital would remain at this level throughout the life of the project. The project's required rate of reis 6.7%. The tax rate is 22.5% The CCA rate is 29% What is the present value of the operating networking capital recovered at the end of the project Your answer should be correct to two decimal places Your Answer: Answer Lasse