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 5 1,850,000 $ 435,000 $ 228,000 48,000 77,000 5 years Engineering studies suggest that use of the robot will result in a savings of 29,000 direct labor hours each year. The labor rate is $15 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 $418,000. This inventory reduction will take place at the end of the first year of operation; the released funds w be available for use elsewhere in the company. Saxon Products has a 17% required rate of return Click here to view Exhibit 138.1 and Exhibit 138.2. to determine the appropriate discount foctor(s) using tables Reqi Reg 2 Reg 2B Reg 3A Req 38 Req 4A Reg 4B Determine the annual net cost savings if the robot is purchased. (Do not include the $418,000 inventory reduction or the salvage value in this computation.) Annual netcost savings Req 1 Req 2A Reg 2B Req 3A Req 3 Reg 4A Reg 4B Compute the net present value of the proposed investment in the robot. (Round your final answer to the nearest whole dollar amount.) Net present value Reg 1 Reg 2A Reg 2B Reg 3B Req 4A Reg 4B Assume that the robot is purchased. However, due to unforeseen problems, software and installation costs were $93,000 more than estimated and direct labor could only be reduced by 22,000 hours per year, rather than the original estimate of 29,000 hours. Assuming that all other cost data is accurate, what would a postaudit suggest is the actual net present va of this investment? (Enter negative amount with a minus sign. Round your final answer to the nearest whole dollar amount Show less Net present value Reg 1 Reg 2A Req 2B Reg 3A Reg 3B Reg 4A Req 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 (a) above for the automated equipment to yield a 17% rate of return. (Round your final answer to the nearest whole dollar amount.) Amount of annual cash inflow