Save Homework: Chapter 12 Homework Score: 0 of 1 pt E12-29A (similar to) 5 of 7 (3 complete) HW Score: 40%, 2.8 of 7 pts Question Help Kerwin Industries is deciding whether to automate onc phase of its production process. The manufacturing equipment has a six-year life and will cost $900,000 Projected net cash inflows are as follows: E (Click the icon to view the projected net cash inflows.) (Click the icon to view the present value table.) 5 (Click the icon to view the present value annuity table) (Click the icon to view the future value table.) (Click the icon to view the future value annuity table.) Dala Table Read the requirements - X Requirement 1. Compute this project's NPV using Kerwin Industries' 14% hurdle rate. Should Kerwin Industries invest in the equipment? Why or why not? Begin by computing the project's NPV (net present value) (Round your answer to the nearest whole dollar. Use parentheses or a minus sign for negative net present values ) Year 1........ Year 2... Net present value $ Year 3 Year 4.. $260,000 $250,000 $227,000 $211,000 $205,000 $170,000 Year 5 Year 8 Print Done Enter any number in the edit finds and then click Check Answer 3 remaining 2 parts Clear All Check Answer Check