Wilson Company is considering a new capital acquisition to support capacity expansion. Relevant information includes: New equipment cost is $245,000; Incremental revenues are $146,000; Incremental operating expenses are $76,000; Incremental working capital is $23,000. The incremental working capital will be recovered at the end of the project's life. Based on this information, NPV for years 1 through 3 is: a. $245,000 inflow discounted using the present value annuity factor for the required rate of return. O b. $70,000 inflow discounted using the present value annuity factor for the required rate of return. O c. $245,000 inflow discounted using the future value annuity factor for the required rate of return. O d. $70,000 inflow discounted using the future value annuity factor for the required rate of return