SQLite Sports is considering adding a miniature golf course to its facility. The course would cost $132,739, would be depreciated on a straight line basis over its 5-year life, and would have a zero salvage value. The estimated income from the golfing fees would be $77,403 a year with $22,957 of that amount being variable cost. The fixed cost would be $11,048. In addition, the firm anticipates an additional $14,648 in revenue from its existing facilities if the golf course is added. The project will require $4,061 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 9.4 percent and a tax rate of 34 percent?