B. Your company is considering new software for your manufacturing system which will enable significant annual cost savings. The software costs $2500 initially and will require annual updates of $100. It is projected to save $250 in the first year with savings increasing by $50 per year until they reach $800 at which point they remain constant until the end of the system life. You expect to keep production going for 15 years. Your MARR is 12%. Find the PW of the software. Should your company invest? Suggestion: make a cash flow diagram before solving