Anew electronic procees monitor will cost K Ltd. $154,000. This cost will be depreciated at 25 percent per year. The monitor will actually be worthless in six years. Assume the company has no other assets in the asset class. The new monitor would save K $67,000 per year before taxes in operating costs. If K requires a 11.5 percent return, what is the NPV of the purchase? Assume a tax rate of 38 percent. a) $69,991.98 b) $69,400.38 c) $89,226.00 d) $63,572.86