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Bell Mountain Vineyards is considering updating its current manual accounting system with a high-end electronic system. While the new accounting system would save the company money the cost of the system continues to decline. The Bell Mountain s opportunity cost of capital is 16.7 percent and the costs and values of investments made at different times in the future are as follows:Calculate the NPV of each choice. (Round answers to the nearest whole dollar e.g. 5275.)The NPV of each choice is:Archer Daniels Midland Company is considering buying a new farm that it plans to operate for 10 years. The farm will require an initial investment of $12.20 million. This investment will consist of $2.90 million for land and $9.30 million for trucks and other equipment. The land all trucks and all other equipment is expected to be sold at the end of 10 years at a price of $5.14 million $2.26 million above book value. The farm is expected to produce revenue of $2.03 million each year and annual cash flow from operations equals $1.89 million. The marginal tax rate is 35 percent and the appropriate discount rate is 9 percent. Calculate the NPV of this investment. (Round intermediate calculations and final answer to 2 decimal places e.g. 15.25.)

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