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As the CFO of your company, it falls to you to make the final decision...

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Accounting

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As the CFO of your company, it falls to you to make the final decision on large expenditures. Recently, your controller has proposed purchasing a new computer system at a cost of $53,000. He believes the system will deliver savings of $66,000 in the accounting department and could be useful to other departments as well. Your treasurer takes a decidedly different view of the proposal. She claims that the company will have to borrow money to buy the computer system, and this will cost $15,500 in interest. As well. she is concerned that the amount of savings promised by the controller won't materialize. Should you purchase the computer system? (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses eg. (45))

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