Elton International is considering the installation of a new computer system that will cut annual operating costs by $ 12,000. The system will cost $ 48,000 to purchase and install. This system is expected to have a 5-year life and will be depreciated to zero using straight-line depreciation. What is the amount of the earnings before interest and taxes? $20, 600 $11,000 $ 2, 400 $1,000 -$9, 600