XYZ is considering buying a new . High efficiency interception system. The new system would be purchased today for 45900 . it would be depreciated straight-line to 0 over 2 years. In 2 years, the system would be sold for an after - tax cash flow of 13600 . Without the system , costs are expected to be 100000 in 1 year and 100000 in 2 year. With the system, cost are expected to be 78200 in 1 year and 66400 in 2 years . If the tax rate is 49.2% and cost of capital is 8.2%. What is the net present value of the new interceptions system project.