Homework Exercise 13-4 Uncertain Future Cash Flows [L013-4] Lukow Products s investgating the purchase of a piece of automated equipment that will save $120000 each year in direct labor and nventory carrying costs. This equipment costs $830,000 and is expected to have a 8-year useful lite with no salvage value The compay's required rate of return s on all equpment purchases. Management ancpatestat tes equprent wil ponte intangible benefits such as greater flexibility and higher-quality output that will result in addisional future cash infiows Click here to view Exhibit 138-1 and Exhibit 138-2 to determine Required: the appropriate discount factors) using tabile 1 What is the net present value of the piece of equipment before considering ts intangible benefies? minus sign. Round your final answer to the nearest whole doller amount) (Enter negetive amount with o per year must be provided by the equipment's intangibile benefits to justify the $830,000 nvestment? Do not round intermediate celculetions. Round your answer to the nearest whole doiller amount) 1. Net present value 2 Minimum dollar value