The initial investment of a project is OMR 50,000. The profit after interest and tax (Cash inflows) for Year 1 is OMR 34,000 and for Year 2 is OMR 40,000. The scrap value is OMR 5,000 and the discount rate is 10%. (The present value of OMR 1 at 10% discount factor for year 1 is 0.909 and Year 2 is 0.826). In this case, the Net present Value (NPV) of the project is:

a. OMR 16,596

b. None of these

c. OMR 24,346

d. OMR 18,076