please solve this on excel and show me step by step

Practice 1 A construction company bought a 180,000 metric ton earth sifter at a cost of $65,000. The company expects to keep the equipment a maximum of 7 years. The operating cost is expected to follow the series described by 40,000+10,000k, where k is the number of years since it was purchased (k= 1,,7). The salvage value is estimated to be $20,000. At i=10% per year, determine the equivalent (1) present worth and (2) annual worth of the sifter using a spreadsheet. Please enter the data in Excel using the following template