Lakeside Incorporated is consideting replacing old production equipment with state-of the art technology that will allow production cost savings of $10,000 per month. The new equipinent will have a five-year life and cost $390,000, with an estimated saluage. value of $30.000. Lakeside's cost of capital is 10%. Iable 64 and Iable 6.5 Required: Calculate the net present value of the new production equipment. Note: Use appropriate factor(s) from the tables provided. Round the PV factors to 4 decimals. Round your final antwer to nearest whole dellers