Please use the spread sheet provided

Monterey Company is considering investing in two new vans that are expected to generate combined cash inflows of $30.000 per year. The vans combined purchase price is $93,000. The expected life and salvage value of each are four years and $23,000, respectively. Monterey has an average cost of capital of 7 percent. Required Round your figures to two decimal points. a. Calculate the net present value of the investment opportunity bIndicate whether the investment opportunity is expected to earn a return that is above or below the cost of capital and whether it should be accepted. Present Value x Table Factor 1105 a = Present Value Present Value = Future Value Present Value Present Value- TL Present Value Cost of Vans Net Present Value 5 10b 12