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Please do not hardcode in the numbers. Please use cell references or functions. Thank you!:)...

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Accounting

Please do not hardcode in the numbers. Please use cell references or functions. Thank you!:)

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Keiper, Inc., is considering a new three-year expansion project that requires an initial fixed asset investment of $2.9 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life, after which time it will be worthless. The project is estimated to generate $2,190,000 in annual sales, with costs of $815,000. If the tax rate is 35 percent, what is the OCF for this project? 4 Asset investment Estimated annual sales$ Costs lax rate *Depreciation straight-line to zero over tax life 2,900,000 2,190,000 815,000 35% 10 12 13 14 15 16 17 18 19 20 21 Complete the following analysis. Do not hard code values in your calculations Sales Costs Depreciation EBT Taxes Net income OCF 23 24 ...Sheet1 ...+

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