Please show me how you get the values for the answers, i.e., instead of writing 4, please write 2+2=4. Thank you!

Problem 9-4 Present Value and "What If" Analysis - See Textbook page 9-30 National Cruise Line, Inc. is considering the acquisition of a new ship that will cost 600,000,000. In this regard, the president of the company asked the CFO to analyze cash flows associated with operating the ship under two alternative itineraries: Itinerary 1, Caribbean Winter/Alaska Summer and Itinerary 2, Caribbean Winter/Eastern Canada Summer. The CFO estimated the following cash flows, which are expected to apply to each of the next 15 years: Caribbean Caribbean/Alaska Eastern Canada $ 120,000,000 $ 105,000,000 Net revenue Less: Direct program expenses Indirect program expenses Non-operating expenses Add back depreciation Cash flow per year (25,000,000) (20,000,000) (21,000,000) 115,000,000 169,000,000 $ (24,000,000) (20,000,000) (21,000,000) 115,000,000 155,000,000 $ The estimated cost of the new ship and during of expected cash flows is: Estimated cost of new ship Estimated period of cash flows in years 600,000,000 15 Required a. For each of the itineraries, calculate the present values of the cash flows using required rates of return of both 12 and 16% using both present value factors and separately using Excel PV function. Assume a 15-year time horizon. Should the company purchase the ship with either or both required (Use Appendix Table B9.2 to arrive at the factor) Caribbean/Alaska 12% Cash Flow Factor = 16% = Caribbean/Eastern Canada 12% = 16% Caribbean/Alaska 12% Caribbean/Eastern Canada 12% 16% 16% Rate Number of periods Cash Flow Future value Type $0 $0 $0 $0 0 0 0 0 PV For the PV values in cells D49,E49, F49, G49, use the Microsoft excel functions. If you need help with the excel function, See Api Should the company purchase the ship with either or both required rates of return? Explain