A contract is estimated to yield $48$ quarterly net returns of $$3000$ beginning three months from now. To secure the contract, outlays of $$40,000$ now and $$35,000$ two years from now are required. What is the contract's net present value to a business whose cost of capital is $12\%$ compounded quarterly?

Multiple Choice

$$35,800\mathrm{.}12$

$$10,444\mathrm{.}80$

$$23,200\mathrm{.}17$

$$800\mathrm{.}12$

$$8170\mathrm{.}80$