Mr Basel Made an Investment That Will Generate the Following

Mr. Basel made an investment that will generate the following cash flows over a three-year period. $\begin{array}{|l|c|c|c|}\hline & \text { Year 0 } & \text { Year } 1 & \text { Year } 2 \\\hline \text { Taxable revenue } & 16,000 & 23,000 & 33,000 \\\hline \text { Deductible expenses } & (5,000) & (6,000) & (7,500) \\\hline \text { Nondeductible expenses } & (1,200) & (2,000) & (4,300) \\\hline\end{array}$ If Mr. Basel's marginal tax rate over the three year period is 20% and he uses a 6% discount rate, compute the NPV of the transaction.

A) $30,028
B) $33,557
C) $39,781
D) None of the above