Crane Incorporated management is considering investing in two alternative production systems. The systems are mutually exclusive, and the cost of the new equipment and the resulting cash flows are shown in the accompanying table. The firm uses a 8 percent discount rate for production system projects.

Year			System 1			System 2
0			-$12,900			-$43,800
1			12,900			32,500
2			12,900			32,500
3			12,900			32,500

Calculate NPV. (Enter negative amounts using negative sign, e.g. -45.25. Do not round discount factors. Round answers to 2 decimal places, e.g. 15.25.)

NPV of System 1 is $enter the NPV of System 1 in dollars rounded to 2 decimal places

NPV of System 2 is $enter the NPV of System 2 in dollars rounded to 2 decimal places