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Thurton Industrial is considering the installation of a $1,800,000 production conveyor system that would generate the following labor cost savings over its 10-year life: years

Thurton Industrial is considering the installation of a $1,800,000 production conveyor system that would generate the following labor cost savings over its 10-year life: years annual labor cost savings 1-2 $280,000 3-5 $340,000 6-8 $288,800 9-10 $260,000 The system will have no salvage at the end of its 10-year life, and the company uses a discount rate of 12 percent. Use Table 1 and Table 2 present value tables to solve following problem. What is the pre-tax net present value of this potential investment? Round intermediate calculations and final answer to nearest dollar. Enter negative net present value as a negative number. $

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