5 The following data pertain to an investment proposal (Ignore income taxes.): Cost of the investment $42,000 Annual cost savings $12, 090 10 Estimated salvage value $ 4,000 points Life of the project 5 years Discount rate 11% 01:31:50 Click here to view Exhibit 78-1 and Exhibit 78-2. to determine the appropriate discount factor(s) using the tables provided. The net present value of the proposed investment is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Multiple Choice $4,724 O $2,352