Champlain Corp. management is investigating two computer systems. The Alpha 8300 costs $3,240,625 and will generate cost savings of $1,051,425 in each of the next five years. The Beta 2100 system costs $3,248,500 and will produce cost savings of $1,301,750 in the first three years and then $2 million for the next two years. If the company's discount rate for similar projects is 14 percent:

What is the NPV for the two systems?(Enter negative amounts using negative sign, e.g. -45.25. Do not round discount factors. Round answers to 0 decimal places, e.g. 5,275.)

NPV of Alpha system$

NPV of Beta system$

Which one should be chosen based on the NPV?

Champlain should chose the

Alpha 8300 or

Beta 2100system .