Revenue Salaries (sunk costs - incurred whether or not the project proceeds) Depreciation Other overheads Profit 000 140 (40) (30) (20) 50 Notes: 1. 'Other overheads' contain 8,000 which represents a fair share of the overheads for the business as a whole. 2. If the project is not undertaken, part of the factory would be freed up and could be sub-let for 15,000 per year. 3. The business employs net present value analysis to appraise its projects. What are the relevant cash inflows arising in the first year of the project? A. 111,000 B. 86,000 C. 95,000 OD. 113,000