Peters baking factory has just purchased and installed a new switching station with a price tag of $700,000. This stations life span will be 4 years, and will save Peters baking factory $550,000 per year before tax. After 4 years, this station will have no salvage value. Peters company has a tax rate of 35% and the packaging machine has a CCA rate of 30%. What is the Net Present Value of this undertaking? A. $497,669 B. $461,113 C. $485,551 D. $473,336 E. $450,003