Please solve problem 4 and 5

Required informetion 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 $10.05 million, and the equipment has a useful life of 8 years with a residual value of $1,010.000. 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. PA11-2 Part 4 Required: 4. Using a discount rate of 14 percent, calculate the net present value (NPV) of the proposed investment. (Euture Value of S1. Presens Value of \$1. Future Value Annuity of \$1. Present Value Annuity of S1.) Note: Use oppropriate factor(s) from the tables provided. Negative amount should be indicated by a minus sign. Enter the answer in whole dollars. Required: 5. Recalculate the NPV using a 9 percent discount rate. Future Value of \$1. Present Value of \$1. Future Value Annuity of \$1. Present Value Annuty of \$1) Note: Use appropriate factor(s) from the tables provided. Negative amount should be indicated by a minus sign. Enter the answer in whole doliars