Munir S/B has provided the following data concerning a proposed investment project: Initial investment. $861,000 $271,000 Annual net cash receipts...... 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: (i)Calculate the annual CAs for years 1-3 A. $287,000 per year B. $271,000 per year C. No CA at all D. none of the above