Shan now wants to take into account its ability to abandon the project at the end of year $2$ if the project ends up generating the worst$-$case scenario cash flows. If it decides to abandon the project at the end of year $2,$ the company will receive a one$-$time net cash inflow of $$4,500($at the end of year $2).$ The $$4,500$ the company receives at the end of year $2$ is the difference between the cash the company receives from selling off the projects assets and the company's $-$$$1,500$ cash outflow from operations. Additionally, if it abandons the project, the company will have no cash flows in years $3$ and $4$ of the project.

Using the information in the preceding problem, find the expected NPV of this project when taking the abandonment option into account.

$$29,269$

$$23,415$

$$22,244$

$$26,927$

What is the value of the option to abandon the project? $$