The capital budgeting director of National Products Inc. is evaluating a new 3-year project that would decrease operating costs by $30,ooo per year without affecting revenues. The project's cost is $50 ooo. The project will be depreciated using he MACRS method over its 3-year class life. The applicable MACRS depreciation rates are 33% 45% 15% and 7% It will have a zero salvage value after 3 years. The marginal tax rate of National Products is 35%, and the project's cost of capital is 12%. What is the project's NPV ? O a. $11,010 O b. $12,387 O c. $ 7,068 O d. $10,214 e.$ 8,324