(Ignore income taxes in this problem.) The following data pertain to an investment proposal: Cost of the investment $44,000 Annual cost savings $14,000 Estimated salvage value $3,000 Life of the project 5 years Discount rate 13% Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using table. The net present value of the proposed investment is closest to: (Round discount factor(s) to 3 decimal places, intermediate and final answers to the nearest dollar amount.) $6,867 $5,238 $1,629 $27,000