Beacon Company is considering automating its production facility. The initial investment in automation would be $$6\mathrm{.}46$ million, and the equipment has a useful life of $5$ years with a residual value of $$1,060,000.$ The company will use straight$-$line depreciation. Beacon could expect a production increase of $43,000$ units per year and a reduction of $20$ percent in the labor cost per unit.

$\backslash$table$[[$Production and sales volume,$\backslash$table$[[$Current $($no$],[$automation$)],[76,000$ units$]],\backslash$table$[[$Proposed $($automation$)],[119,000$ units$]]],[$Per$,,$Per,$],[$Unit$,$Total,Unit,Total$],[$Sales revenue,$$98,$$$?,$$$98,$$$?$