Brett Collins is reviewing his company's investment in a cement plant. The company paid $$15,400,000$ five years ago to

acquire the plant. Now top management is considering an opportunity to sell it$.$ The president wants to know whether the

plant has met original expectations before he decides its fate. The company's desired rate of return for present value

computations is $8$ percent. Expected and actual cash flows follow: $($PV of $$1$ and PVA of $$1)$

Note: Use appropriate factor$($s$)$ from the tables provided.

Required

a$.$&b$.$ Compute the net present value of the expected and actual cash flows as of the beginning of the investment.

Note: Negative amounts should be indicated by a minus sign. Round your intermediate calculations and final answers

to the nearest whole dollar.