Outdoor Sports is considering adding a putt putt golf course to its facility. The course would cost $$179,000,$ would be depreciated on a straight$-$line basis over its $6-$year life, and would have a zero salvage value. The sales would be $$90,000$ a year, with variable costs of $$28,000$ and fixed costs of $$12,600.$ In addition, the firm anticipates an additional $$20,100$ in revenue from its existing facilities if the putt putt course is added. The project will require $$3,200$ 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 $14$ percent and a tax rate of $25$ percent?

Multiple Choice

$$108,964$

$$7,664$

$$52,700$

$$50,958$

$$54,158$