17. a new absorption chiller system cost $400,000 and will save $58,500 in each of the next 12 years. The assets are classified as a seven-year MACRS property for depreciation purpose. The expected salvage value is $20,000. The firm pays taxes at a combined rate of 40% and has an MARR of 12%. What is the net present worth of the system?

85,855

73,739

92,112

53,317