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Cion 20 following data pertain to an investment proposal (Ignore income taxes) Cost of the investment $34,000 Annual cost savings $10,000 Estimated salvage value $5,000

Cion 20 following data pertain to an investment proposal (Ignore income taxes) Cost of the investment $34,000 Annual cost savings $10,000 Estimated salvage value $5,000 Life of the project Discount rate 5 years 11 % 4p Click here to view Exhibit 138-1e and Exhibit 138-2 e, to determine the appropriate discount factors using the tables provided. The net present value of the proposed investment is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.) $2,960 $2,965 $19,000 $5,925 MacBook Proimage text in transcribed

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