X Company has an opportunity to accept a special order that will result in immediate profit of $61,000. After doing some market research that cost $4,000, the marketing manager believes that if X Company accepts the order, the company will lose regular customers. Specifically, she believes the effect will be lost profits of $8,500 in each of the next 5 years. Assuming a discount rate of 5%, what is the net present value of accepting the special order? [Note: Use the Present Value tables in the Coursepack.]

A: $12,916

B: $15,112

C: $17,681

D: $20,687

E: $24,204

F: $28,318