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Letang Industrial Systems Company ( LISC ) is trying to decide between two different conveyor belt systems. System A costs $ 3 2 5 ,

Letang Industrial Systems Company (LISC) is trying to decide
between two different conveyor belt systems. System A costs
$325,000, has a four-year life, and requires $121,000 in pretax
annual operating costs. System B costs $405,000, has a six-year
life, and requires $115,000 in pretax annual operating costs. Both
systems are to be depreciated straight-line to zero over their
lives and will have zero salvage value. Whichever project is
chosen, it willnotbe replaced when it wears
out. The tax rate is 22 percent and the discount rate is 11
percent.Calculate the NPV for both conveyor belt
systems.(A negative answershould be indicated
by a minus sign.Do not round intermediate
calculations and round your answers to 2 decimal places, e.g.,
32.16.)

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