QUESTION 8 XYZ is considering buying a new, high efficiency interception system. The new system would be purchased today for $46,000. 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 $23,000. Without the system, costs are expected to be $100,000 in 1 year and $100,000 in 2 years. With the system, costs are expected to be $75,000 in 1 year and $65,000 in 2 years. If the tax rate is 50% and the cost of capital is 3.8%, what is the net present value of the new interception system project? a. $4,037 (plus or minus $50) b. $20,496 (plus or minus $50) C. $25,384 (plus or minus $50) d. $63,390 (plus or minus $50) e. None of the above is within $50 of the correct