Company ABC is currently evaluating a 3-year project with an initial cost of 100,000 and annual cash flows of 40,000. The certainty equivalent coefficients for Years 1, 2 and 3 are 0.95, 0.90 and 0.85 respectively. The company's cost of capital is 8% and the risk-free interest rate is 3%. What is the project's Net Present Value using the certainty equivalent approach? O a. -1,785.98 O b. 1,941.47 O c. 3,083.88 O d. -6,960.32 O e. None of the given answers is correct