Please help with question 1 and 2 i only have 2 tries left.

Nautical Creations is one of the largest producers of miniature ships in a bottle. An especially complex part of one of the ships requires specal production equipment is not useful for other products. The company purchased this equipment carly in 2016 for $100,000, Ir's now January 1, 2020, and the manager of the Model Ships Division, Seri Finley, is considering replacing the current equipment with new equipment that is more efficient The following are last year's average per-unit manufacturing costs, when production was 15,800 $3.70 5.55 Direct materials Direct labor Variable overhead Foed overhead 1.75 4.40 The sales representative for the new equipment says, "The new equipment will allow direct labor to be reduced by 53.17 per unitiney think this estimate is accurate, but also knows that higher alty direct material will be necessary with the new equipment, conting 10.21 more per unit. In addition, foued overhead costs will increase by $1.500 The cost of the new equipment is $210,000 and will have a five-year useful life with an estimated disposal value at that time of $10,000. The current equipment will also ust for five more years. It will have ser disposal value at that time, but it can be sold immediately for $30,000. Finley expects production to continue at 15,800 ships in each of the next five years REQUIRED USE THE PRESENT VALUE TABLES ON PAGE 113 TO COMPUTE NET PRESENT VALUES, BE SURE TO USE THE NEGATIVE SIGN WHEN SCEMITTING NEGATIVE NET PRESENT WALLIES 1. Assuming a discount rate of 5, what is the net present value if Nautical Creations uses their current equipment to produce the part? DA Ince. This 4/6 Previous Tres 2. Assuming a discount rate of 5, what is the net present value if Nautical Creations by the new equipment to produce the part? Incorrect Tries 4/6 Previous Tres Megenerated NEY Mark NEW posto