Ms. Atkins bought an investment that will generate the following cash flows over a three-year period. Year 0 Year 1 Year 2 Taxable revenue 42,000 56,000 80,000 Nontaxable revenue 6,000 8,500 9,000 Deductible expenses (20,000) (20,000) (25,000)

If Ms. Atkins' marginal tax rate over the three-year period is 40% and she uses a 6% discount rate, compute the NPV of the transaction using the appropriate present value tables in Appendix A (round the final answer to the nearest whole dollar).

Multiple Choice $94,129 $84,964 $62,373 None of these choices are correct.