Outdoor Sports is considering adding a putt putt golf course to its facility. The course would cost $187000 would be dep

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Outdoor Sports is considering adding a putt putt golf course to its facility. The course would cost $187000 would be depreciated on a straight-line basis over its 6-year life, and would have a zero salvage value. The sales would be $91500 a year, with variable costs of $28,400 and fixed costs of $13000 per year. 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 $23300 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 35 percent and a tax rate of 40 percent?