Electrica Corporation has provided the following data concerning a proposed investment project:

Initial investment: KD 150,000

Life of the project: 3 years

Annual net cash inflows: KD 95,000

Salvage value: KD 30,000

The company uses a discount rate of 10%.

The NPV for this project is:

Select one:

a. KD 78,790

b. KD 108,790

c. KD 48,790

d. KD 258,790