present value annuity of $1 at 9%= 3.8897

present vlaue of $1 at 9%= 0.6499

Required information [The following information applies to the questions displayed below] Beacon Company is considering automating its production facility. The initial investment in automation would be $6.20 mililion, and the equipment has a useful life of 5 years with a residual value of $1,100,000. The company will use straightline depreciation. Beacon could expect a production increase of 31,000 units per year and a reduction of 20 percent in the labor cost per unit. Required: 5. Recalculate the NPV using a 9 percent discount rate. Future Value of $1. Present Volve of $1. Euture Value Annulsy of \$1. Present: Value Annulity of sil) Note: Use appropilate factor(s) from the tables provided. Negative amount should be indicated by a minus sign. Enter the answer in whole dollars