Please include formulas for each cell.

Please set it up the way it shows in screenshots.

A B 1 2 Laurman, Incorporated is considering the following project: 3 4 Required investment in equipment 5 Project life 6 Salvage value 7 .8 The project would provide net operating income each year as follows: 9 Sales 10 Variable expenses 11 Contribution margin 12 Fixed expenses: 13 Salaries, rent and other fixed out-of pocket costs 14 Depreciation 15 Total fixed expenses C $2,205,0007years$225,000 $2,750,0001,600,000$1,150,000 870,000 A B C 3 4 Required investment in equipment $2,205,000 Project life 7 years Salvage value $225,000 8 The project would provide net operating income each year as follows: 9 Sales Variable expenses Contribution margin $2,750,0001,600,000$1,150,000 Fixed expenses: Salaries, rent and other fixed out-of pocket costs Depreciation $520,000 Total fixed expenses 350,000 Net operating income 17 Company discount rate 18% A B C 40 Net present value 41 42. Use Excel's PV function to compute the present value of the future cash flows 43 Deduct the cost of the investment 44 Netpresent value 45 to 3. Use Excel's RATE function to compute the project's internal rate of return 4. Compute the project's payback period. years 5. Compute the project's simple rate of return. Note: Use cells A4 to C18 from the given information to complete this question. Negative amounts or amounts to be deducted should be input and displayed as negative values