Exercise 14-4 (Algo) Uncertain Future Cash Flows [LO14-4] Lukow Products is investigating the purchase of automated equipment that will save $120,000 each year in direct labor and inventory carrying costs. This equipment costs $910,000 and is expected to have a 11-year useful life with no salvage value. The company's required rate of return is 10% on all equipment purchases. Management expects this equipment to provide intangible benefits such as greater flexibility and higher-quality output that will increase future cash inflows. Click here to view Exhibit 148-1 and Exhibit 148-2 to determine the appropriate discount factor(s) using table. Required: 1. What is the net present value of the piece of equipment before considering its intangible benefits? Note: Enter negotive omount with o minus sign. Round your final answer to the neorest whole dollor omount. 2. What minimum dollar value per year must be provided by the equipment's intangible benefits to justify the $910,000 investment? Note: Do not round intermediete colculations. Round your onswer to the nearest whole dollar amount