Please help to CORRECTLY solve question 3 (Ch. 7 HW). Last 2 Chegg "experts" got it wrong.

Saxon Products, Inc., is investigating the purchase of a robot for use on the company's assembly line. Selected data relating to the robot are provided below: Cost of the robot Installation and software Annual savings in inventory carrying costs Annual increase in power and maintenance costs Salvage value in 5 years Useful life $ 1,850,000 $ 475,000 $ 215,000 $ 35,000 $ 75,000 5 years Engineering studies suggest that use of the robot will result in a savings of 30,000 direct labor-hours each year. The labor rate is $16 per hour. Also, the smoother work flow made possible by the use of automation will allow the company to reduce the amount of Inventory on hand by $405,000. This inventory reduction will take place at the end of the first year of operation the released funds will be available for use elsewhere in the company, Saxon Products has a 19% required rate of return Click here to view Exhibit 7B-1 and Exhibit78-2. to determine the appropriate discount factor(s) using tables. Required: 1. Determine the annual net cost savings of the robot is purchased. (Do not include the $405,000 inventory reduction of the salvage value in this computation) 2-a. Compute the net present value of the proposed investment in the robot 2. b. Based on these data, would you recommend that the robot be purchased? 3 a. Assume that the robot is purchased. However, due to unforeseen problems, software and installation costs were $80,000 more than estimated and direct labor could only be reduced by 25.000 hours per year, rather than the original estimate of 30,000 hours Assuming that all other cost data is accurate, what would a postaudit suggest is the actual net present value of this investment? 35. Does it appear that the company made a wise investment? 4-a. Which of the following are intangible benefits associated with the new automated equipment? 4b. Based on your analysis in Requirement 3 above, compute for the president the minimum dollar amount of annual cash inflow that would be needed from the benefits in part 4(o) for the automated equipment to yield a 19tate of return 3 UCCHINE U OKRUUS SOVITY MIC TULIS POLOSCU.IU TROCHU UCUJUUU HVCUT CUULUMIWC so voye value in this computation.) 2-a. Compute the net present value of the proposed investment in the robot. 2-6. Based on these data, would you recommend that the robot be purchased? 3. a. Assume that the robot is purchased. However, due to unforeseen problems, software and installation costs were $80,000 more than estimated and direct labor could only be reduced by 25,000 hours per year, rather than the original estimate of 30,000 hours. Assuming that all other cost data is accurate, what would a postaudit suggest is the actual net present value of this investment? 3-b. Does it appear that the company made a wise investment? 4-a. Which of the following are intangible benefits associated with the new automated equipment? 4-6. Based on your analysis In Requirement 3 above, compute for the president the minimum dollar amount of annual cash inflow that would be needed from the benefits in part 4(a) for the automated equipment to yield a 19% rate of return Print Complete this question by entering your answers in the tabs below. Het Reg 2 R 25 Reg 3A Reg 30 Reg 4 Reg 48 Determine the annual net cost savings if the robot is purchased. (Do not include the $405,000 inventory reduction or the Salve value in this computation.) Arias Req2A > VECCHIC CUOI HCL LUSSO ILICIUUULIS PUICHOSCU. U TULLIUUC UIC TUJIVUUVCHIULICULUI VI U Saray value in this computation.) 2-a. Compute the net present value of the proposed investment in the robot. 2-b. Based on these data, would you recommend that the robot be purchased? 3-a. Assume that the robot is purchased. However, due to unforeseen problems, software and installation costs were $80,000 mor than estimated and direct labor could only be reduced by 25,000 hours per year, rather than the original estimate of 30,000 hours Assuming that all other cost data is accurate, what would a postaudit suggest is the actual net present value of this investment? 3-b. Does it appear that the company made a wise investment? 4-a. Which of the following are intangible benefits associated with the new automated equipment? 4 b. Based on your analysis In Requirement 3 above, compute for the president the minimum dollar amount of annual cash inflow the would be needed from the benefits in part 4(a) for the automated equipment to yield a 19% rate of return. Complete this question by entering your answers in the tabs below. Reg 3B Reg 4A Reg 4B Reg 3A Reg 1 Reg 2 Reg 28 Compute the net present value of the proposed investment in the robot. (Round your final answer to the nearest whole dollar amount.) Nel present value value in this computation.) 2-a, Compute the net present value of the proposed investment in the robot. 2-b. Based on these data, would you recommend that the robot be purchased? 3-a. Assume that the robot is purchased. However, due to unforeseen problems, software and installation costs were $80 than estimated and direct labor could only be reduced by 25,000 hours per year, rather than the original estimate of 30,00 Assuming that all other cost data is accurate, what would a postaudit suggest is the actual net present value of this investr 3-b. Does It appear that the company made a wise investment? 4-a. Which of the following are intangible benefits associated with the new automated equipment? 4b. Based on your analysis in Requirement 3 above, compute for the president the minimum dollar amount of annual cash would be needed from the benefits in part 4(a) for the automated equipment to yield a 19% rate of return Sk Complete this question by entering your answers in the tabs below. Req 1 Req 2A Reg 28 Req Reg 3B Reg 4 Reg 48 Assume that the robot is purchased. However, due to unforeseen problems, software and installation costs were $80,000 more than estimated and direct labor could only be reduced by 25,000 hours per year, rather than the original estimate of 30,000 hours. Assuming that all other cost data is accurate, what would a postaudit suggest is the actual net present value of this investment? (Enter negative amount with a minus sign. Round your final answer to the nearest whole dollar amount.) Show less Nelson (Reg 28 Req30 > 3 value in this computation.) 2-a. Compute the nel present value of the proposed investment in the robot. 2.b. Based on these data, would you recommend that the robot be purchased? 3-a. Assume that the robot is purchased. However, due to unforeseen problems, software and installation costs were $80,000 more than estimated and direct labor could only be reduced by 25,000 hours per year, rather than the original estimate of 30,000 hours. Assuming that all other cost data is accurate, what would a postaudit suggest is the actual net present value of this investment? 36. Does it appear that the company made a wise Investment? 4-a. Which of the following are intangible benefits associated with the new automated equipment? 4b. Based on your analysis in Requirement 3 above compute for the president the minimum dollar amount of annual cash inflow that would be needed from the benefits in part 4(a) for the automated equipment to yield a 19% rate of return book Complete this question by entering your answers in the tabs below. ling 1 Reg 2 Red 26 RegJA Reg 36 Reg 4 Reg 48 Based on your analysis in Requirement above, compute for the president the minimum dollar amount of annual cash inflow that would be needed from the benefits in part 4(a) for the automated equipment to yield a 19% rate of return. (Round your finanswer to the nearest whole dollar amount)