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Uudoor Sports is considering adding a putt putt golf course to its facility. The course would cost $181,000, would be depreciated on a straight-ine bass

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Uudoor Sports is considering adding a putt putt golf course to its facility. The course would cost $181,000, would be depreciated on a straight-ine bass over its 5 -year ife. ind would have a zero salvage value. The sales would be $91,000 a year, with variable costs of $28,500 and fixed costs or $12700 in sddion, the firm onticipates an iddional $20,900 in revenue from its existing focilities if the putt putt course is added. The project wal require $3,300 of net working capital, which is receverable af the end f the project. What is the net present value of this project at a discount rate of 12 percent and a tox rate of 22 peicent? Mutiple Choice 509271 $12.570 \$46195 $49.495 547622

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