(Ignore income taxes in this problem.) The following data pertain to an investment proposal: Cost of the investment $56,000 Annual cost savings $16,000 Estimated salvage value $6,000 Life of the project 5 years Discount rate 10% Click here to view Exhibit 11B-1 and Exhibit 11B-2, to determine the appropriate discount factor(s) using tables. The net present value of the proposed investment is closest to: (Round discount factor(s) to 3 decimal places, intermediate and final answers to the nearest dollar amount.) A $4,656 B $34,000 C $3,726 D $8,382