PA11-2 (Static) Making Automation Decision [LO 11-1, 11-2, 11-3, 11-5] [The following information applies to the questions displayed below] Beacon Company is considering automating its production facility. The initial investment in automation would be $15 million, and the equipment has a useful life of 10 years with a residual value of $500,000. The company will use straightline depreciation. Beacon could expect a production increase of 40,000 units per year and a reduction of 20 percent in the labor cost per unit. 5. Recalculate the NPV using a 10 percent discount rate. (Future Value of $1, Present Value of $1. Future Value Annuity of $1, Present Value Annulty of $1. Note: Use appropriate factor(s) from the tables provided. Enter the answer in whole dollars