XYZ is considering buying a new, high efficiency interception system. The new system would be purchased today for $46,300.00 it would be depreciated straight line to over 2 years in 2 years, the s would be sold for an after-tax cash flow of $13,300.00. Without the system, costs are expected to be $100,000.00 in 1 year and $100,000.00 in 2 years with the systems are expected to be 75. 1 year and $68,600.00 in 2 years. If the tax rate is 48.60% and the cost of capitall is 8.20%, what is the net present value of the new interception system project?

O $14002.52 (plus or minus $50)

O $10303.56 (plus or minus $50)

O $11497.93 (plus or minus $50)

O $13248.82 (plus or minus $50)

None of the above is within $50 of the correct answer