Your firm is contemplating the purchase of a new $388,500 computer-based order entry system. The system will be depreciated straight-line to zero over its 5-year life. It will be worth $37,800 at the end of that time. You will be able to reduce working capital by $52,500 (this is a one-time reduction). The tax rate is 24 percent and your required return on the project is 19 percent and your pretax cost savings are $155,450 per year. a. What is the NPV of this project? $ 72,292.23 $ 70,123.47 $ 68,677.62 $ 75,906.85 $ 74,461.00 b. What is the NPV if the pretax cost savings are $111.900 per year? $-28,909.36 $-28,042.08 $-27,463.90 $-27,463.90 $-29,776.65 Nov ar $-28,909.36 $-28,042.08 $ 27,463.90 $-27,463.90 $-29,776.65 c. At what level of pretax cost savings would you be indifferent between accepting the project and not accepting it? $124,340.54 $113,146.81 $ 14,613.00 $130,557.57 $118,123.52