Taber Inc. is considering a project that will result in initial after$-$tax cash savings of $$2\mathrm{.}1$ million at the end of the first year, and the savings will grow at a rate of $2\%$ per year indefinitely. The firm has a target debt$-$equity ratio of $0\mathrm{.}80,$ a cost of equity of $11\%,$ and an after$-$tax cost of debt of $4\mathrm{.}6\%.$ The cost$-$savings proposal is somewhat riskier than the usual project the firm undertakes; management uses the subjective approach and applies an adjustment factor of $+2\%$ to the cost of capital for such risky projects. If the total initial cost to implement this cost$-$savings proposal is $$23$ million, what is the net present value $($NPV$)?2837464.$A$.-$$$2\mathrm{.}063$ millionFinish atB.$$0\mathrm{.}749$ millionC.$$2\mathrm{.}749$ million D$.-$$$2\mathrm{.}322$ millionE$-$$$0\mathrm{.}063$ million