Taylor Company is considering the purchase of some labor-saving equipment for its packaging department. 'The equipment is expected to result in labor cost savings of $10,000 per year for the expected live-year life of the equipment. The cost of the equipment is $110,000 and the desired rate of return is 6%. 2. The NPV of the investment for Taylor Company is a. $79,558 b. $27,134 c. $117,131 d. $15,000