The following data pertain to an investment that is being considered by the management of Hanson Company Discount rate Life of the project Cost of the investment$36,455 Annual cost savings Salvage value 10% 4 years 11,500 2,300 The net present value of the proposed investment is (Round your intermediate calculations to 3-decimals and your present value calculations to the nearest dollar amount.) O $36,455. O-1 O %o. O $1,571 $1,571