Question: Please show work on how to find the total contribution per year, and the NPV. Not using Xcel Use the following information to answer the

Please show work on how to find the total contribution per year, and the NPV. Not using Xcel

Use the following information to answer the next 2 questions: A proposed project to build handicap ramps for side-load vans requires an investment of $1,500,000, to be depreciated straight-line over a five-year life to zero. Opportunity cost is 16%. Each electric ramp will sell for $22,000, with variable costs of $14,000. Fixed cost are $300,000 per year. Sales are anticipated at 500 units for the five years, or 100 per year. Ignore taxes

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