(Click the icon to view the projected net cash inflows.) (Click the icon to view the present value table.) (Click 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 project's NPV using Sweeney Industries' 16% hurdle rate. Should Sweeney 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 Sweeney Industries invest in the equipment because its NPV is discount the additional cash outflow and inflows back to the present value.) Calculate the additional NPV provided from the refurbishment. (Round your answer to the nearest whole dollar. Use parentheses or a minus sign for negative net present values.) Additional NPV provided from refurbishment Sweeney Industries is deciding whether to automate one phase of its production process. The manufacturing equipment has a six-year life and will cost $910,000. Projected net cash inflows are as follows: (Click the icon to view the projected net cash inflows.) (Click the icon to view the present value table.) (Click the icon to view the future value table.) Read the requirements. (Click the icon to view the present value annuity table.) (Click the icon to view the future value annuity table.) Data table Requirement 1. Compute this project's NPV using Sweeney Industries' 16\% hurdle rate. Should Sweeney Industries invest il Begin by computing the project's NPV (net present value). (Round your answer to the nearest whole dollar. Use parentheses Net present value Sweeney Industries invest in the equipment because its NPV is Requirement 2. Sweeney Industries could refurbish the equipment at the end of six years for $103,000. The refurbished equ inflows in Year 7. In addition, the refurbished equipment would have a $50,000 residual value at the end of Year 7. Should Sn six years? Why or why not? (Hint: In addition to your answer to Requirement 1, discount the additional cash outflow and inflo Calculate the additional NPV provided from the refurbishment. (Round your answer to the nearest whole dollar. Use parentheses or a minus sign for negative net present values.) Additional NPV provided from refurbishment (Click the icon to view the projected net cash inflows.) (Click the icon to view the present value table.) (Click the icon to view the future value table.) Read the (Click the icon to view the present value annuity table.) (Click the icon to view the future value annuity table.) Net present value Sweeney Industries invest in the equipment because its NPV is discount the additional cash outflow and inflows back to the present value.) Calculate the additional NPV provided from the refurbishment. (Round your answer to the nearest whole dollar. Use parentheses or a minus sign for negative net present values.) Additional NPV provided from refurbishment The refurbishment provides a NPV. The refurbishment NPV is to overcome the original NPV of the equipment. Therefore, the refurbishment alter Sweeney Industries' original decision regarding the equipment investment