Lakeside Inc. is considering replacing old production equipment with state-of-the-art technology that will allow production cost savings of $10,000 per month. The new equipment will have a five-year life and cost $405,000, with an estimated salvage value of $30,000 Lakeside's cost of capital is 10%. Table 6.4 and Table 6.5 (Use appropriate factor(s) from the tables provided. Round the pv factors to 4 decimals.) Required: Calculate the net present value of the new production equipment (Round your final answer to nearest whole dollars.) Net present value Lakeside Inc. is considering replacing old production equipment with state-of-the-art technology that will allow production cost savings of $10,000 per month The new equipment will have a five-year life and cost $450,000, with an estimated salvage value of $30,000 Lakeside's cost of capital is 8%. Table 64 and Table 6:5. (Use appropriate factor(e) from the tables provided. Round the PV factors to 4 decimals) Required: Calculate the present value ratio of the new production equipment (Round your answer to 2 decimal places.) Presentare ratio