A project that has been tested for its feasibility has already incurred market research costs of 50,000. The cost of the project is 100.000 and the project is expected to yield the following returns: Year 1 90,000 Year 2 80,000 Year 3 70,000 If the discount rate is 12%, the net present value (NPV) of the project will be (to nearest 000): O A. 294,000 B. 94,000 OC. 140,000 D. 44,000