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Initial cash cost of investment $75,000 Estimated annual cash savings $18,000 Predicted residual value at the end of life $3,000 Estimated useful life 2 years

Initial cash cost of investment $75,000 Estimated annual cash savings $18,000 Predicted residual value at the end of life $3,000 Estimated useful life 2 years Cost of capital 12% if present value factor of an annuity of $1 at 12% and 7 years is 4.564 and the present value factor of a payment of $1 at 12% and 7 years is 0.452. What is the total present value of the estimated cash inflow

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