Cheyenne, Inc. useful Vfe with no salvage value. Cheyenne requres a 10% rate of return. s considering purchasing equipment costing $66000 with a 6-year useful life. The equipment will provide annual cost savings of $2 8000 and will be depreciated straight-line over its 10% 1 12 15% 6 4.623 4.486 4.355 4.231 4.111 3.784 What is the approximate net present value of this investment? O $42000 O $10157 $12390 $14748