e. I, II, and III 17. The Golf Club is considering adding a driving range to its facility. The range would cost $51,000, would be depreciated on a straight-line basis over its three-year life, and would have a zero salvage value. The net operating profit after tax from this project is expected to be $7,800 per year. The tax rate is 35 percent. Given this information, the OCF of this project is per year, and the internal rate of return on this project is a. $26,150; 17.84% b. $24,800; 21.55% c. $28,950; 16.73% d. $31,840; 15.81% e. $34,772; 23.46% many does not pay dividends?