Douglas, Inc. sells ski equipment and has an after-tax cost of capital of 8.5%. MichaelCo. sells snowmobiles and has an after-tax cost of capital of 13.5%. Douglas, Inc. isconsidering adding snowmobiles as part of its sales line up. It estimates that salesfrom these snowmobiles could become 15% of its overall sales. The initial cashoutlay for this project is $85,000. The expected net cash inflows are $18000 a yearfor eight years. What is the net present value of this project to Douglas, Inc.? $8,053.66 -$80.76 -$1,007.07 $59,000.00 $12,360.55