Bridgeport Inc is considering modernizing its production facility by investing in new equipment and selling the old equipment. The following information has been collected on this ifivestment: Depreciation is $10,130 per year for the old equipment. The straight-line depreciation method would be used for the new equipment over an eight-year period with salvage value of $4,800. Calculate the net present value assuming a 12% rate of return. (Ignore income taxes) (if the net present value is negathe, use elther a negative sign preceding the number e\& -45 or parentheses es. (45). For coleulation purposes, use 5 decimal places as displayed in the foctor toble provided, eg. 1.25124 and final onswer to 0 decimal places, es. 5.275.) Click here to view the factor table. Bridgeport Inc is considering modernizing its production facility by investing in new equipment and selling the old equipment. The following information has been collected on this ifivestment: Depreciation is $10,130 per year for the old equipment. The straight-line depreciation method would be used for the new equipment over an eight-year period with salvage value of $4,800. Calculate the net present value assuming a 12% rate of return. (Ignore income taxes) (if the net present value is negathe, use elther a negative sign preceding the number e\& -45 or parentheses es. (45). For coleulation purposes, use 5 decimal places as displayed in the foctor toble provided, eg. 1.25124 and final onswer to 0 decimal places, es. 5.275.) Click here to view the factor table