Assuming a CCA rate of 20%, what is the NPV of a project that involves the following: Initial investment: $250.000; Life of five years; Before-tax cost savings = $100,000 per year; Salvage value = $30,000 in year 5; Tax rate = 34%; Discount rate = 14%. $22.253 $32,956 $27.428 $35.978 $26,567