The Management of Sunland Manufacturing Company is evaluating two forklift systems to use in its plant that produces the towers for a windmill power farm. The costs and the cash flows from these systems are shown below. The company uses a 11 percent discount rate for all projects.

Calculate net present value (NPV). (Enter negative amounts using negative sign e.g. -45.25. Do not round Discount factors.Round other intermediate calculations and final answers to 0 decimal places, e.g. 1,525.)

	Year 0	Year 1	Year 2	Year 3
Otis Forklifts	$-3,141,450	$999,225	$1,342,886	$2,108,497
Craigmore Forklifts	-$4,128,410	$885,236	$1,765,225	$2,882,110

NPV Otis forklift is ____ $

Craigmore Forklifts is _____$