Anderson Industries is decicing whether to automate one phase of its production process. The manufacturing equipment has a six-year life and will cost 5925,000 . Projected net cash inflows are as follows. (Cick the icon to view the projected net cash inflows) (Click the icon to view the present value table (Crick the icon to view the present value annuity table) (Click the icon to view the future value table.) (Click the icon to view the future value annuity table). Read the requirements. Requirement 1. Compute this projecr's NPV using Anderson Industries' 16% hurdle rate: Should Anderson industries invest in the equipment? Why or why not? Begin by computing the project's NPV (net present value) (Round your answer to the nearest whole dollar. Use parentheses or a minus sign for negative net present values.) Net present value Requirements 1. Compowe thin proikcis NPV ushg Anderson industries' 16% hutdle rate Should the coripany invost in the equiprent? Why of sty not? 2. Anderion lnduntcies could culumbish the equiponont at the end of nix yoars for \$101.006 the returtinhed equigment could be ubed one moce year providing 378.000 of net casti inllown in Yoar 7 in addition. the refurtished oqulprent Would here a 552.000 residual valoe at the end of Vear 7 . Should Anderson Iwbuties inveit in the bquigment and rufurbish in ather six years? Why of Wty not? Pht in addion to your answer to Reguremont 1 , gscount the addeichal casti oudthow and inflows bock to the presont value ) Present Value of $1 : Future Value of Annuity of \$1 Reference Reference Present Value of Annuity of $1 Future Value of Annuity of $1