Lukow Products is Investigating the purchase of automated equipment that will save $160,000 each year In direct labor and inventory carrying costs. This equipment costs $870,000 and is expected to have a 7-year useful life with no salvage value. The company's required rate of return is 9% on all equipment purchases. Management expects this equipment to provide Intangible benefits such as greater flexibility and higher-quality output that will Increase future cash Inflows. Click here to view Exhibit 148-1 and Exhibit 148-2, to determine the appropriate discount factor(s) using table. Required: 1. What Is the net present value of the plece of equipment before considering its Intangible benefits? Note: Enter negative amount with a minus sign. Round your final answer to the nearest whole dollar amount. 2. What minimum dollar value per year must be provided by the equipment's Intangible benefits to justify the $870,000 Investment? Note: Do not round Intermediate calculations. Round your answer to the nearest whole dollar amount. 1. Net present value 2. Minimum dollar value