Kansas Corporation is reviewing an investment proposal that has an initial cost of $$81,000.$ An estimate of the investment's end$-$of$-$year book value, the yearly after$-$tax net cash inflows, and the yearly net income are presented in the schedule below. Yearly after$-$tax net cash inflows include savings from the depreciation tax shield. The investment's salvage value at the end of each year is equal to book value, and there will be no salvage value at the end of the investment's life. YearInitial Cost andBook ValueYearly After$-$Tax Netcash InflowsYearly NetIncome$1$$$44,500$ $$29,500$ $$12,000230,50027,00013,000320,00024,50014,000413,00022,00015,0005019,50016,000$ $$122,500$ $$70,000$ Kansas uses a $12\%$ after$-$tax target rate of return for new investment proposals. YearFV of $$1$ at$12\%$ FV of an ordinary annuity at $12\%$ PV of $$1$ at$12\%$ PV of an ordinary annuity at $12\%11\mathrm{.}1201\mathrm{.}0000\mathrm{.}8930\mathrm{.}89321\mathrm{.}2542\mathrm{.}1200\mathrm{.}7971\mathrm{.}69031\mathrm{.}4053\mathrm{.}3740\mathrm{.}7122\mathrm{.}40241\mathrm{.}5744\mathrm{.}7790\mathrm{.}6363\mathrm{.}03751\mathrm{.}7626\mathrm{.}3530\mathrm{.}5673\mathrm{.}60561\mathrm{.}9748\mathrm{.}1150\mathrm{.}5074\mathrm{.}111$