Note: Use appropriate factor(s) from the tables provided. Negative amount should be indicated by a minus sign. Enter the answer in whole dollars.

Linked tables: FV of $1 :https://ezto-cf-media.mheducation.com/Media/Connect_Production/bne/accounting/Whitecotton_5e/table11_1A.htm

PV of 1$: https://ezto-cf-media.mheducation.com/Media/Connect_Production/bne/accounting/Whitecotton_5e/table_11_2A.htm

Future value of annuity of $1: https://ezto-cf-media.mheducation.com/Media/Connect_Production/bne/accounting/Whitecotton_5e/table11_3a.htm

PV annuity of $1 : https://ezto-cf-media.mheducation.com/Media/Connect_Production/bne/accounting/Whitecotton_5e/table11_4A.htm

Required information PA11-2 (Algo) 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 $9.41 million, and the equipment has a useful life of 7 years with a residual value of $1,080,000. The company will use straightline depreciation. Beacon could expect a production increase of 42,000 units per year and a reduction of 20 percent in the labor cost per unit. 11-2 Part 4 quired: Using a discount rate of 14 percent, calculate the net present value (NPV) of the proposed investment. (Future Value of $1, Present lue of $1, Future Value Annuity of $1, Present Value Annuity of $1.)