Albert Co. is considering a four-year project that will require an initial investment of $15,000. The base-case cash flows for this project are projected to be $12,000 per year. The best-case cash flows are projected to be $20,000 per year, and the worst-case cash flows are projected to be $1,000 per think that there is a 25% probability of the project generating the best-case cash flows and a 25% probability of the project generating the worst-case cash flows. What would be the expected net present value (NPV) of this project if the project's cost of capital is 13% ? $14,430$17,825$16,976$16,127 Albert now wants to take into account its ability to abandon the project at the end of year 2 if the project ends up generating the worst-case scenario cash flows. If it decides to abandon the project at the end of year 2 , the company will receive a one-time net cash inflow of $400 (at the end of 2). The $4,500 the company receives at the end of year 2 is the difference between the cash the company receives from selling off the projects and the company's $1,000 cash outflow from operations. Additionally, if it abandons the project, the company will have no cash flows in years 3 and 4 of the project. Using the information in the preceding problem, find the ovnoctad NPV of this project when taking the abandonment option into account. \begin{tabular}{|c|c|} $21,136 & $1,193 \\ $20,217 & $912 \\ \hline$17,460 & $1,122 \\ \hline$18,379 & $1,403 \\ \hline$1,052 \\ \hline \end{tabular} What is the value of the option to abandon the project