Lou Barlow, a divisional manager for Sage Company, has an opportunity to manufacture and sell one of two new products for a five$-$

year period. His annual pay raises are determined by his division's return on investment $($ROI$),$ which has exceeded $23\%$ each of the

last three years. He has computed the cost and revenue estimates for each product as follows:

The company's discount rate is $21\%.$

Required:

Calculate the net present value for each product.

Complete this question by entering your answers in the tabs below.

Calculate the net present value for each product. $($Round your final answers to the nearest whole dollar amount.$)$