A firm is evaluating two potential investment options as illustrated below. Both investments have zero salvage value.

Assuming straight line depreciation, what is the net present value of each option?: $*$

$\backslash$table$[[$Option$,\backslash$table$[[$Investment$],[($net cash$],[$outlay$)$ at$],[$year $0]],\backslash$table$[[$Esteimated$],[$life $($years$)]],\backslash$table$[[$Annual cash$],[$savings$],[$before$],[$depreciation$],[$and taxes$]]],[$A$,15,000,5,$$$,4,000$