(Ignore income taxes in this problem) The malaise prevention agency is a non-profit organization that does all of its own informational printing. The printing press that Malaise currently is using needs a $20,000 overhaul. This will exceed the useful life of the press by 8 years. As an alternative, Malaise could buy a brand new modern press for $45,000. The new press would also last 8 years. The annual operating expenses of the old press are $12,000. The annual operating expenses of the new press will only be $7,000. The old press is not expected to have a salvage value after in 8 years. The new press is expected to have a $6,000 salvage value in 8 years. Malaise's discount rate is 14% The net present value of the decision to buy the new press instead of overhauling the old press is closest to:

A) $301

B) $ (301)

C $4195

D $ (46,089)

Please be detailed in what steps to take to solve this problem and how to lay it out