Justice Enterprises is evaluating the purchase of a new computer network system. The new system would cost $23,000 and have a useful life of 5 years. At the end of the systerri's life, it would have a residual value of $2,000. Annual operating cost savings from the new system would be $8.900 per year for each of the five years of its life. Justice Enterprises has a minimum required rate of return of 10% on all new projects. The net present value of the new network system would be closest to: (Round any intermediary calculations and your final answer to the nearest dollar.) B (Click the icon to view the present value of $1 table.) (Click the icon to view the present value of annuity of $1 table.) A. $10,740. OB. $9.498. i Data Table OC. $11,982 OD $34,982 Present Value of $1 Periods 3 10% 0.751 0.683 0.821 0.564 12% 0.712 0.636 0.567 0.507 14% 0.675 0.592 0.519 0.456 16% 0.641 0.552 0.478 0.410 5 6 Data Table Present Value of Annuity of $1 Periods 10% 3 2.487 4 3.170 5 3.791 6 4.355 12% 2.402 3.037 3.605 4.111 14% 2.322 2.914 3.433 3.889 16% 2 246 2.798 3.274 3.885