I'm not sure what I'm doing wrong?

Annual Cash flow= $2,690,000x 5.019=$13,501,110 as PV of cash flow

My initial investment I have down as $15,000,000

My salvage is $500,000x 0.3855= $123,600 as my PV of Cash Flow. I'm wrong somewhere and not sure where, please help. I used the $2,690,000 from my table I did attached under Net Operating, would i use $980,000 instead? Thanks for any help and explanation you can provide

neyuncu TITILIUI PA11-2 (Static) Making Automation Decision (LO 11-1, 11-2, 11-3, 11-5) [The following information applies to the questions displayed below.] 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 straight-line 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. Current (no automation) 80,000 units Per Total Unit $ 90 $ ? Proposed (automation) 120,000 units Per Unit Total $ 90 $ ? Production and sales volume Sales revenue Variable costs Direct materials Direct labor Variable manufacturing overhead Total variable manufacturing costs Contribution margin Fixed manufacturing costs Net operating income $ 18 25 10 53 $ 37 $ 18 2 10 2 $ 42 ? $ 1,250,000 2 ? $ 2,350,000 2 PA11-2 Part 4 4. Using a discount rate of 15 percent, calculate the net present value (NPV) of the proposed investment. (Fu Value of $1. Present Value of $1. Future Value Annuity of $1. Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Negative amount should be indicated by a minus sign. Enter the answ- in whole dollars.) Answer is complete but not entirely correct. Net present value $ (1,375,290) Current (no automation) Proposed (automation) 80,000 units 120,000 units Per Unit Total Per Unit Total $ 90 $ 7,200,000 $ 90 $ 10,800,000 $ 18 $ 18 25 20 Production and Sales Volume Sales revenue Variable costs Direct materials Direct labor Variable manufacturing overhead Total variable manufacturing costs Contribution margin Fixed manufacturing costs Net operating income 10 10 53 48 $ 37 42 $ 2,960,000 $ 1,250,000 1,710,000 5,040,000 $ 2,350,000 $ 2,690,000 $