Cury Industries is deciding whether to automate one phase of its production process. The manufacturing equipment has a six-year life and will cost $930,000. Projected net cash inflows are as (Click the icon to view the projected net cash inflows.) follows: (Click the icon to view Present Value of $1 table.) Read the requirements (Click the icon to view Present Value of Ordinary Annuity of $1 table.) Requirement 1. Compute this project's NPV using Cury's 10% hurdle rate. Should Cury invest in the equipment? Use the following table to calculate the net present value of the project. (Enter any factor amounts to three decimal places, X.XXX. Use parentheses or a minus sign for a negative net present valum Years Year 1 Present value of each year's inflow: (n-1) Year 2 Present value of each year's inflow: (n = 2) Year 3 Present value of each year's inflow: (n=3) Year 4 Present value of each year's inflow: (n=4) Year 5 Present value of each year's inflow: (n=5) Year 6 Present value of each year's inflow: (n=6) Total PV of cash inflows Year 0 Initial investment Net present value of the project Net Cash PV Factor ( Inflow 16%) Present Value