Swan Industries is deciding whether to automate one phase of its production process. The manufacturing equipment has a six-year life and will cost $920,000. Projected net cash inflows are as follows (Click the icon to view the projected net cash inflows.) (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table) Read the requirements. Requirement.1. Compute this projects NPV using Swar's 14% hurdle rate. Should Swan invest in the equipment? Use the following table to calculate the net present value of the project. (Enter any factor amounts to three decimal places. X XXX. Use parentheses or a minus sign for a negative net present value) Reference \begin{tabular}{|l|} \hline Periods \\ \hline Period 1 \\ Period 2 \\ Period 3 \\ Period 4 \\ Period 5 \\ Period 6 \\ Period 7 \\ Period 8 \\ Period 9 \\ Period 10 \\ Period 11 \\ Period 12 \\ Period 13 \\ Period 14 \\ Period 15 \\ Period 16 \\ \hline Period 17 \\ Period 18 \\ \hline Period 19 \\ Period 20 \\ Period 21 \\ Period 22 \\ \hline \end{tabular} Precont Value af nenti