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Champlain Corp. management is investigating two computer systems. The Alpha 8300 costs $2,677,625 and will generate cost savings of $1,175,125 in each of the next

Champlain Corp. management is investigating two computer systems. The Alpha 8300 costs $2,677,625 and will generate cost savings of $1,175,125 in each of the next five years. The Beta 2100 system costs $3,058,500 and will produce cost savings of $857,750 in the first three years and then $2 million for the next two years. If the company's discount rate for similar projects is 14 percent:

What is the NPV for the two systems?(Enter negative amounts using negative sign, e.g. -45.25. Do not round discount factors. Round answers to 0 decimal places, e.g. 5,275.)

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