Check m Exercise 12-4 Uncertain Future Cash Flows [L012-4] Lukow Products is investigating the purchase of a piece of automated equipment that will save $110,000 each year in direct labor and nventory carrying costs. This equipment costs $900.000 and is expected to have a 1O-year useful life with no salvage value. The c anys required rate of return is % on all equipment purchases Management an ic pates that this equp men ip de ntangible benefits such as greater flexibility and higher-quality output that will result in additional future cash inflows Click here to view Exhilbit 128-1 and Exbibis 12B-2 to determine the appropriate discount factorts) using table ences Required 1. What is the net present value of the piece of equipment before considering ts intangible benefits? (Enter negative amount with minus sign. Round your final answer to the nearest whole doller amount 2 What minimum dollar value per year must be provided by the equipment's intangible benefits to jusbfy the $900,000 investment Do not round intermediate calculations. Round your answer to the nearest whole doller amount N M At Ctr