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Ignore income taxes in this problem.) The following data pertain to an investment proposal: Cost of the investment Annual cost savings Estimated salvage value Life

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Ignore income taxes in this problem.) The following data pertain to an investment proposal: Cost of the investment Annual cost savings Estimated salvage value Life of the project Discount rate $46,000 $14,000 $5,000 5 years 12% Click here to view Exhibit 118-1 and Exhibit 118-2, to determine the appropriate discount factors) using tables. The net present value of the proposed investment is closest to: (Round discount factors) to 3 decimal places, intermediate and final answers to the nearest dollar amount.) $7305 O $4470 O $2.835 o $27,000

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