Beacon Company is considering automating its production facility. The initial investment in automation would be $15 million, and the equipment has a useful life of 10 years with a residual value of $500,000. The company will use straightline depreciation. Beacon could expect a production increase of 40,000 units per year and a reduction of 20 percent in the labor cost per unit. A11-2 Part 4 equired: Using a discount rate of 15 percent, calculate the net present value (NPV) of the proposed investment. (Future Value of $1, Present alue of $1, Future Value Annuity of $1, Present Value Annuity of $1. .) ote: Use appropriate factor(s) from the tables provided. Negative amount should be indicated by a minus sign. Enter the answer whole dollars