There is a new investment project for a pharmaceutical laboratory. It is required to buy a land of 100 thousand dollars, the construction will be 200 thousand, and in furniture and equipment it will be 150 thousand dollars. Use depreciation by the LISR method (Construction 5%, Furniture and equipment 10%). The projected income is $ 300 thousand the first year with increments of 5% each year. The projected costs are $ 150 thousand with increments of 3%. The effective tax rate for this business is 30%. Working capital is the equivalent of one year. The TREMA to evaluate the project is 10%. Calculate the NPV of the project for a planning horizon of 3 years.