Outdoor Sports is considering adding a miniature golf course to its facility. The course would cost $138,000, would be depreciated on a straight-line basis over its five-year life, and would have a zero salvage value. The estimated income from the golfing fees would be $72,000 a year with $24,000 of that amount being variable cost. The fixed cost would be $11,600. In addition, the firm anticipates an additional $14,000 in revenue from its existing facilities if the golf course is added, The project will require $3,000 of net working capital, which is recoverable at the end of the project What is the net present value of this project at a discount rate of 12 percent and a tax rate of 21 percent? $11,309.11$25,123.33$11,628.04$12,737.26$14,90041