Required information The Chapter 13 Form worksheet is to be used to create your own worksheet version of Example E and Exhibit 13-8 in the text. 2. The company is considering a project involving the purchase of new equipment. Change the data area of your worksheet to match the following: Use Exhibit 13B-1 and Exhibit 13B-2. (Use appropriate factor(s) from the tables provided.) 1 Chapter 13: Applying Excel 2 3 Data 4 Example E Cost of equipment needed Working capital needed $440,000 $ 25,000 6 7 Overhaul of equipment in four years30,000 Salvage value of the equipment in five 8 vears $ 25,000 Annual revenues and costs 10 Sales revenues 11 Cost of goods sold 12Out-of-pocket operating costs 13 Discount rate $ 410,000 $ 235,000 $ 55,000 111% a. What is the net present value of the project? (Negative amount should be indicated by a minus sign. Round your present value factor to 3 decimals and round all other intermediate calculations to nearest whole dollar.) Net present value C. The internal rate of return is between what two whole discount rates (eg., between 10% and 11%, between 11% and 12%, between 12% and 13%, between 13% and 14%, etc.)? e internal rate of return is betweern % and d. Reset the discount rate to 11%. Suppose the salvage value is uncertain. How large would the salvage value have to be to result in a positive net present value? Minimum salvage value required to generate a positive resent value