Cori's Dog House is considering the installation of a new computerized pressure cooker for hot dogs. The cooker will increase sales by $$7,700$ per year and will cut annual operating costs by

$$13,800.$ The system will cost $$47,700$ to purchase and install. This system is expected to have a $6-$year life and will be depreciated to zero using straight$-$line depreciation and have no salvage

value. The tax rate is $21$ percent and the required return is $11\mathrm{.}3$ percent. What is the NPV of purchasing the pressure cooker?

Multiple Choice

$-$$$4,468$

$$30,541$

$$32,588$

$$5,535$

$-$$$19,399$