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 515 million, and the equipment has a useful life of 10 years with a residual value of $500,000. The company will use straight Iine 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 Production and wales volume Current (ne automation) 30,000 units Per Total Unit Proposed (automation) 120,000 units Per Unit Total 5.00 $10 Sale re Variable costs Direct materials Direct Variable manufacturing overhead Total ble sanufacturing costs Contribution margin Fixed facturing costs rating in $18 25 10 53 $37 10 342 52.350,000 4. Using a discount rate of 15 percent calculate the net present value (NPV) of the proposed investment. (Eture Value of $1. Present Value 051. Euture Value Annuity S1. Preset Value Annuity S1) (Use appropriate factorfe) from the tables provided. Negative amount should be indicated by a minus sign. Enter the answer in whole dollars.)