Hammerson Limited is considering the following capital project to increase its production capacity and expand its operations:

$\backslash$table$[[,$Project Echo,Project Tango$],[$Initial Investment,R$750000,$RS$00000],[$Useful Life,$5$ years,$4$ years$],[$Annual cash inflows,R$,$R$],[$Year $1,180000,175000],[$Year $2,210000,190000],[$Year $3,240000,210000],[$Year $4,250000,225000],[$Year $5,275000,]]$

The company's required rate of return is $12\%,$

The present value of the cash inflow in year $2$ for Project Echo is:

$$ A$.R354921$

$$ B$.$ R$167412$

$$ C$.$ R$151468$

D$.$ R$210000$