12) Consider a perpetual project with an initial investment of $30,000. The project will have revenue of $50,000 and costs of $39,000 every year. The corporate tax rate is 21%. The cost of capital for the project for an all-equity firm is 25%. What's the NPV of the project if the debt-to-value ratio of the project is 30% and the interest rate is 8%? A) $7,022 B) $7,051 C) $7,064 D) $7,085 E) $7,097