Outdoor Sports is considering adding a putt-putt golf course to its facility. The course would cost $169,000, would be depreciated on a straight-line basis over its 5 -year life, and would have a zero salvage value. The sales would be $85,000 a year, with variable costs of $27,500 and fixed costs of $12,100. In addition, the firm anticipates an additional $16,100 in revenue from its existing facilities if the putt putt course is added. The project will require $2,700 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? Multiple Choice $41,059 $29.058 $27,382 $64,797 $13,312