Outdoor Sports is considering adding a putt-putt golf course to its facility. The course would cost $187,000, would be depreciated on a straight-line basis over its 5-year life, and would have a zero salvage value. The sales would be $91,500 a year, with variable costs of $28,400 and fixed costs of $13,000. In addition, the firm anticipates an additional $23,300 in revenue from its existing facilities if the putt putt course is added. The project will require $3,600 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 10 percent and a tax rate of 21 percent?

A. $15,296 B. $45,715 C. $84,648 D. $61,221 E. $43,480