Stu Can Purchase a House Today for $110,000,including the Cost

Stu can purchase a house today for $110,000,including the cost of some minor repairs.He expects to be able to resell it in one year for $129,000 after cleaning up the property.At a discount rate of 5.5 percent,what is the expected net present value of this purchase opportunity?

A) $13,001.61
B) $12,487.43
C) $12,274.88
D) $9,208.18
E) $11,311.02