Assume a proposed system has a useful life of 4 years, a one-time cost of $50,000 (occurring in year 1) and a one-time cost of $12,000 occurring in year 2. In addition, there are recurring costs of $20,000 per year for each of the 5 years, and tangible benefits of $50,000 per year. If the cost of capital/discount rate is 10%, the organization refers to the investment year as year 1 (just like figure 2.5), what is the overall NPV? Round to 2 decimal places and choose the closest value. $24, 700 $39, 724 $48, 654 $56, 253 What is the payback year for the financial analysis problem from the previous question? 1 2 3 4 none of the above