The sunland recreation center is considering adding a miniature golf course to its facility. the course would cost $150000, would be depreciated on a straight line basis over its 6 years life, and would have a zero salvage value. the estimated income from the golfing fees would be 95000 a year. variable costs would be 32000 per year and fixed cost would be 25000 per year. since the miniature golf course would attract more customers to the center, the firm anticipates an additional 24000 in revenue from its existing facilities every year if the course is added. the project will require an initial investment in net working capital of $18000,which would be recovered at the end of the project’s life. what is the net present value of this project if discount rate is 16% and the tac rate is 21%? what is the internal rate of return? what is the payback period? should the company proceed with the project? why or why not?