The management of a fast food outlet has decided not to continue operating beyond the original lease. The lease will end at the end of year 4 (from today), at which time it will have zero value. Management thinks it may be worth selling off its lease rights prior to its expiry, and has made the following estimates:

Year	0	1	2	3	4
Expected Cash Flows	5,000(actual)	4,500	4,000	3,000	2,000
Sale of lease rights	3,600	4,200	3,500	1,900	0

The opportunity cost for this type of business is 20.00%. At what point should management discontinue operating the fast food outlet?

1. Today
2. End of year 1
3. End of year 2
4. End of year 3
5. End of year 4