Munir S/B has provided the following data concerning a proposed investment project: Initial investment.. $861,000 Annual net cash receipts...... $271,000 Life of the project... 5 years Salvage value... $129,000 The company's tax rate is 30%. For tax purposes, the straight line method will be used and capital allowances (CA)s will be claimed only over 3 years over the entire initial cost without any reduction for salvage value. The company uses a discount rate of 11%. Required: (iv) What is the annual taxes in years 4-5? (ignore taxes on salvage value here) A. ($16,000) per year B. $4,800 per year OC. $81,300 per year D. none of the above