An investment opportunity requires an immediate cash outlay of $$45,000,$ and then an $$80,000$ cash outlay two years from now. Net returns of $$10,000,$ $$30,000,$ and $$125,000$ are expected at the end of each of the next three years, respectively.

What is the investment's net present value if the cost of capital is $12\%?$

Multiple Choice

$$10,045\mathrm{.}63$

$$13,041\mathrm{.}41$

$$92,760\mathrm{.}80$

$$40,000\mathrm{.}00$

$$16,093\mathrm{.}33$