See attached image. Please submit an excel file and whatever material is necessary, thank you for your time.

The following expenses and revenues have been estimated for a new project: Revenues from sales = $4.1 times 10^6/y Cost of manufacturing (excluding depreciation) = $1.9 times 10^6/y Taxation rate = 40% Fixed capital investment = $7.7 times 10^6 (two payments of $5 times 10^6 and $2.7 times 10^6 at the end of years 1 and 2, respectively) Start-up at the end of year 2 Working capital = $2 times 10^6 at the end of year 2 Land cost = $0.8 times 10^6 at the beginning of the project (time = 0) Project life (for economic evaluation) = 10 y after start-up For this project, estimate the NPV of the project assuming an after-tax internal hurdle rate of 11% p.a., using the following depreciation schedules: a. MACKS method for 5 years b. Straight-line depreciation with an equipment life (for deprecation) of 9.5 years