Question: Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does 4 Lukow Products

Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does 4 Lukow Products is investigating the purchase of a piece of automated equipment that will save $150,000 each year in direct labor and inventory carrying costs. This equipment costs $800,000 and is expected to have a 5-year useful life with no salvage value. The company's required rate of return is 12% on all equipment purchases. Management anticipates that this equipment will provide 3 intangible benefits such as greater flexibility and higher-quality output that will result in additional future cash inflows. points Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using table. Required: 1. What is the net present value of the piece of equipment before considering its intangible benefits? (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 $800,000 investment? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) * Answer is complete but not entirely correct. 1. Net present value (259,250) 2. Minimum dollar value 221,926 & Mc Graw Type here to search Reynolds W X 9 PEXHIBIT 12B-1 Present Value of $1; (1+7)" Periods 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% 21% 22% 23% 24% 25% 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.901 0.893 0.885 0.877 0.870 0.862 0.855 0.847 0.840 0.833 0.826 0.820 0.813 0.806 0800 0.925 0.907 0.890 0.873 0.857 0.842 0.826 0.812 0 797 0783 0.769 0 756 0 743 0 731 0 718 0.706 0.694 0.683 0.672 0.661 0.650 0.640 0.889 0.864 0.840 0.816 0.794 0.772 0751 0.731 0712 0.693 0.675 0658 0.641 0.624 0.609 0.593 0.579 0.564 0.551 0.537 0.524 0.512 0.855 0.823 0.792 0 763 0 735 0708 0.683 0.659 0.636 0.613 0.592 0.572 0.552 0.534 0.516 0.499 0.482 0.467 0.451 0.437 0.423 0.410 0.822 0.784 0.747 0.713 0.681 0.650 0.621 0.593 0.567 0.543 0.519 0.497 0.476 0 456 0.437 0.419 0.402 0.386 0.370 0.355 0.341 0.328 0.790 0.746 0.705 0.666 0.630 0.596 0.564 0.535 0.507 0.480 0.456 0.432 0 410 0 390 0370 0 352 0 335 0319 0.303 0.289 0.275 0.262 0.760 0.711 0.665 0.623 0.583 0.547 0.513 0.482 0.452 0.425 0.400 0376 0 354 0 333 0 314 0 296 0279 0.263 0 249 0.235 0.222 0.210 0.731 0.677 0.627 0.582 0.540 0.502 0.467 0.434 0.404 0.376 0351 0 327 0 305 0 285 0 266 0.249 0.233 0.218 0.204 0.191 0.179 0.168 0.703 0.645 0.592 0.544 0.500 0.460 0.424 0.391 0.361 0 333 0.308 0 284 0 263 0.243 0 225 0 209 0.194 0.180 0.167 0.155 0.144 0.134 10 0.676 0.614 0.558 0.508 0.463 0.422 0.386 0.352 0.322 0 295 0.270 0.247 0.227 0 208 0.191 0.176 0.162 0.149 0.137 0.126 0.116 0.107 11 0.650 0.585 0.527 0.475 0.429 0.388 0.350 0.317 0.287 0.261 0.237 0.215 0 195 0.178 0.162 0.148 0.135 0.123 0.112 0.103 0.094 0.086 12 0.625 0.557 0.497 0.444 0.397 0.356 0.319 0.286 0.257 0.231 0.208 0.187 0.168 0.152 0.137 0.124 0.112 0.102 0.092 0.083 0.076 0.069 13 0.601 0.530 0.469 0.415 0.368 0.326 0.290 0.258 0.229 0.204 0.182 0.163 0 145 0 130 0116 0.104 0.093 0.084 0.075 0.068 0.061 0.055 14 0.577 0.505 0.442 0 388 0.340 0.299 0.263 0.232 0.205 0.181 0.160 0.141 0.125 0.111 0.099 0.088 0.078 0.069 0.062 0.055 0.049 0.044 15 0.555 0.481 0.417 0.362 0.315 0.275 0.239 0.209 0.183 0.160 0.140 0 123 0.108 0 095 0.084 0.074 0.065 0.057 0.051 0.045 0.040 0.035 16 0.534 0.458 0.394 0.339 0.292 0.252 0.218 0.188 0.163 0.141 0.123 0.107 0.093 0.081 0.071 0.062 0.054 0.047 0.042 0.036 0.032 0.028 0.513 0.436 0.371 0.317 0.270 0.231 0.198 0.170 0.146 0.125 0.108 0.093 0.080 0.069 0.060 0.052 0.045 0.039 0.034 0 030 0.026 0.023 18 0.494 0.416 0350 0.296 0.250 0.212 0.180 0.153 0.130 0.111 0.095 0.081 0 069 0.059 0.051 0.044 0.038 0.032 0.028 0.024 0.021 0.018 19 0.475 0.396 0.331 0.277 0.232 0.194 0.164 0.138 0.116 0.098 0.083 0.070 0.060 0.051 0.043 0.037 0.031 0.027 0.023 0.020 0.017 0.014 20 0.456 0.377 0.312 0.258 0.215 0.178 0.149 0.124 0.104 0.087 0.073 0.061 0.051 0.043 0.037 0.031 0.026 0.022 0.019 0.016 0.014 0.012 21 0.439 0.359 0.294 0.242 0.199 0.164 0.135 0.112 0.093 0.077 0.064 0.053 02044 0.037 0.031 0.026 0 022 0.018 0.015 0.013 0.011 0.009 22 0.422 0.342 0.278 0226 0.184 0.150 0.123 0.101 0.083 0.068 0.056 0.046 0.038 0 032 0.026 0.022 0.018 0.015 0.013 0.011 0.009 0.007 23 0.406 0.326 0.262 0.211 0.170 0.138 0.112 0.091 0.074 0.060 0.049 0.040 0.033 0.027 0.022 0.018 0.015 0.012 0.010 0.009 0.007 0.006 24 0.390 0.310 0.247 0.197 0158 0.126 0.102 0.082 0.066 0.053 0.043 0.035 0.028 0.023 0.019 0.015 0.013 0.010 0.008 0.007 0.006 0.005 25 0.375 0.295 0.233 0.184 0.146 0.116 0.092 0.074 0.059 0.047 0.038 0.030 0 024 0.020 0.016 0.013 0.010 0 009 0.007 0 006 0.005 0.004 26 0.361 0.281 0.220 0.172 0.135 0 106 0.084 0.066 0.053 0.042 0.033 0.026 0.021 0.017 0.014 0.011 0.009 0.007 0.006 0.005 0.004 0.003 0.347 0.268 0.207 0.161 0.125 0.098 0.076 0.060 0.047 0.037 0.029 0.023 0.018 0.014 0.011 0.009 0.007 0.006 0.005 0.004 0.003 0.002 28 0.333 0.255 0.196 0.150 0.116 0.090 0.069 0.054 0.042 0.033 0.026 0.020 0.016 0.012 0.010 0 008 0.006 0.005 0 004 0.003 0 002 0.002 29 0.321 0.243 0.185 0 141 0.107 0.082 0.063 0.048 0.037 0.029 0.022 0.017 0.014 0.011 0.008 0.006 0.005 0.004 0.003 0.002 0.002 0.002 30 0.308 0.231 0.174 0.131 0.099 0.075 0.057 0.044 0.033 0.026 0.020 0.015 0.012 0.009 0.007 0.005 0.004 0.003 0.003 0.002 0.002 0.001 40 0.208 0.142 0.097 0.067 0.046 0.032 0.022 0.015 0.011 0.008 0.005 0.004 0.003 0.002 0.001 0.001 0.001 0.000 0.000 0.000 0.000 0.000 Type here to search Reynolds Ri W P DELL SwinglineEXHIBIT 12B-2 Present Value of an Annuity of $1 in Arrears: 1/1(1-(1/(14r) n)) Periods 4% 5% 6% 17% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% 21% 22% 23% 24% 25% 0.962 0 952 0.943 0.935 0.926 0.917 0 909 0901 0.893 0.885 0877 0.870 0.862 0855 0847 0.840 0.833 0.826 0.820 0813 0.806 0.800 1 886 1859 1833 1808 1783 1759 1736 1713 1.690 1668 1647 1626 1605 1585 1566 1547 1528 1509 1492 1474 1.457 1.440 2.775 2 723 2.673 2.624 2.577 2.531 2.487 2444 2.402 2361 2322 2 283 2 246 2 210 2.174 2 140 2.106 2.074 2.042 2.011 1981 1.952 3.630 3.546 3.465 3.387 3 312 3 240 3.170 3 102 3.037 2.974 2.914 2.855 2798 2743 4.452 4 329 4 212 4 100 2.690 2.639 2.589 2.540 2.494 2.448 2.404 2.362 3,993 3.890 3.791 3.696 3.605 3.517 3.433 3.352 3 274 3 199 3 127 3 058 2.991 2.926 2.864 2.803 2.745 2.689 5 242 5.076 4917 4 767 4.623 4 486 4 4 231 4 111 3.998 3.889 3 784 3.685 3 589 3498 3.410 3 326 3.245 3.167 3 092 3.020 2.951 6.002 5.786 5.582 5 389 5. 5.206 5.033 4.868 4 712 4 564 4 423 4 288 4 160 4 039 3922 3 812 3 706 3.605 3.508 3.416 3.327 3.242 3.161 6.733 6.463 6.210 5.971 5.146 4.968 4 799 4.639 4 487 4 344 4 207 4.078 3.954 3 726 3.619 3.518 3.421 3.329 7.435 7 108 6.802 6.515 6.247 5.995 5.537 5.328 5.132 4.946 4.772 4.607 4 451 4 303 4 163 4031 3.905 3.78 3 673 3.566 3.463 10 8.111 7.722 7.360 7024 6.710 6.418 6.145 5.889 - 5.650 5.426 5216 5.019 4.833 4.659 39 4 192 4 054 3 923 3 799 3.682 3.5 18 760 8.306 7887 7.499 7.139 6.805 6.495 6.207 5.938 5.687 5.453 5.234 5.029 4.8 4.656 4 486 4327 4.035 3.902 3.776 3.656 12 9.385 8.863 8 384 7943 7.536 7.161 6.814 6.492 6.194 5.918 5.660 5.421 4.988 4.611 4.439 4.278 4.127 3.985 3.851 3.725 13 9 986 9.394 8 853 8 358 7.904 7.487 7.103 6.750 6.424 6.122 5.842 5.583 5342 5.118 4.910 4.362 4 203 4.053 3.912 3.780 14 10.563 9 899 9.295 8.745 7.367 6.982 6.628 6.302 6.002 5.724 4.802 4.611 4 432 4 265 4 108 3.962 3.824 15 11 118 10.380 9712 9.108 8.559 8.061 7.606 7.191 6.811 6.462 6.142 5.847 5.575 4.675 4.489 4.315 4.153 4.001 3.859 11.652 10.838 10.106 9.447 8 313 7.824 7.379 6.974 6.604 6.265 5.954 5.668 5 405 4 730 4.536 4357 4189 4033 3.887 12.166 11 274 10.477 9.763 9 8.022 7.549 7.120 6 729 6.373 6.047 5.749 4.990 4 391 4.219 4.059 3.910 12.659 11 690 10.828 10.059 9.372 8.756 8.201 7.702 7.250 6.840 6.467 6.128 5.818 5.534 5.273 608 4 243 4.080 3.928 19 13.134 12.085 11 158 10 336 9.604 8.365 7.839 7.366 6.938 6.550 6 198 5.584 5.316 5.070 4 4.635 4.442 4 263 4097 3.942 20 13 590 12.462 11.470 10.594 9 818 9.129 8514 7.963 7.469 7.025 6.623 6.259 5 929 5.628 5.353 5.101 4.657 4.460 4279 4.110 3.954 21 14 029 12 821 11 764 10.836 10.017 9.292 8.649 8.0 8.075 7.562 7.102 6.687 6.3 5.665 5.384 5.127 4.891 4.675 4.476 4292 4.121 3.963 22 14 451 13/163 12.042 11.061 10.201 9.442 8.772 8.176 7.645 7.170 6.743 6.011 5 696 5.410 5.149 4 4.690 4 488 4 302 4.130 3.970 23 14 857 13.489 12 303 11 272 10.371 9.580 8.883 8.266 7.718 7.230 6.792 5.723 5.432 5.167 4 925 4 703 4 499 4 311 4 137 3.976 24 15.247 13.799 12 550 11.469 10.529 9. 8 985 8348 7.784 7.283 6.835 6.073 5 746 5.451 5.1824 4 937 4713 4.507 4318 4143 3.981 25 15.622 14.094 12 783 11.654 10.675 9 823 9.077 8.422 7.843 7.330 6.873 6.46 6.097 5 766 5.467 5.195 4.948 4.721 4514 4323 4147 3.985 26 15.983 14 375 13 003 11 826 10.810 9.929 9.161 8.488 7896 7.372 6.906 6.491 6.118 5783 5.480 5206 4.956 4728 4520 4328 4.151 3.988 27 16 330 14.643 13.211 11987 10 935 10.027 9.237 8 548 7.943 7.409 6.935 6.514 6.136 5798 5.492 5.215 4.964 4734 4524 4 332 4 154 3990 28 16.663 14 898 13 406 12 137 11 051 10 116 9 307 8.602 7.984 7.441 6.961 6.534 6.152 5810 5.502 5223 4 970 4 739 4.528 4 335 4157 3.992 29 16 984 15.141 13 591 12 278 11 158 10 198 9.370 8.650 8.022 7.470 6.983 6.551 6.166 5.820 5.510 5 229 4.975 4743 4531 4337 4159 3.994 30 17.292 15.372 13 765 12.409 11 258 10.274 9.427 8.694 8.055 7.496 7.003 6.566 6.177 5.829 5.517 5.235 4.979 4.746 4.534 4339 4.160 3.995 40 19 793 17 159 15 046 13.332 11 925 10 757 9.779 8.951 8.244 7.634 7 105 6.642 6.233 5.871 5.548 5.258 4997 4760 4544 4347 4.166 3.999 Type here to search Reynolds Hi W DELL Swingline

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