Question 4 K Co. has the option of making an investment in new software that will cost $130,000 today and is estimated to provide the savings shown in the following table over its 5-year life: Year Savings estimate 1 2 3 4 5 $35,000 50,000 45,000 25,000 15,000 Should the firm make this investment if it requires a minimum annual return of 9% on all investments? Total: (20 Marks)