QUESTION 17 Toronto Textiles is considering buying a new, high efficiency weaving wystem. The new system would cost $400,000 today. It would be depreciated straight-line to 50 over 2 years. In 2 years, the system would be huuled away for nothing, so the after-tax cash flow from capital spending in your 2 would be $0. The system is expected to reduce costs by $250,000 in year 1 and by $250,000 in year 2. If the tax rate is 30% and the cost of capital is 10%, what is the net present value of the new weaving system? a.-596,281 (plus or minus $100) b. $7,851 (plus or minus $100) c. $33.884 (plus or minus 5100) d. -$599,587 (plus or minus $100) None of the above is within $100 of the correct