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Sandhill Incorporated management is considering investing in two alternative production systems. The systems are mutually exc and the cost of the new equipment and the

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Sandhill Incorporated management is considering investing in two alternative production systems. The systems are mutually exc and the cost of the new equipment and the resulting cash flows are shown in the accompanying table. The firm uses a 7 percent discount rate for production system projects. Calculate NPV. (Enter negative amounts using either a negative sign preceding the number eg. 45 or parentheses eg. (45). Do not round discount factors. Round other intermediate colculations and final answers to 2 decimal places, es. 15.25. NPV of System 1 is $ and NPV of System 2 is \$ In which system should the firm invest

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