Lukow Products is investigating the purchase of a plece of automated equipment that will save $130,000 each year in direct labor and inventory carrying costs. This equipment costs $920.000 and is expected to have a 6 -year useful life with no salvage value. The company's requited rate of retuin is 11% on al equipment purchases. Management anticipates that this equipment will provide intangible benefits such as greater flexibility and higher-quality output that will result in additional future cash inflows Cick here to view Exhibit128-1 and Exhibit 128-2, to determine the appropriate discount factor(5) using table. Required: 1. What is the net present value of the plece of equipment before considering its intangible benefits? (Enter negotive amount with a minus sign. Round your final answer to the nearest whole dollar amount.) 2. What minimum doliar value per year must be provided by the equipment's intangible benefits to justify the $920.000 investment? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.)