Carlson Inc. is evaluating a project in India that would require a $5.8 million after-tax investment today (t=o). The afterax cash flows would depend on whether India imposes a new property tax. There is a 5050 chance that the tax will pass, n which case the project will produce after-tax cash flows of $1,150,000 at the end of each of the next 5 years. If the tax loesn't pass, the after-tax cash flows will be $2,050,000 for 5 years. The project has a WACC of 10.0\%. The firm would nave the option to abandon the project 1 year from now, and if it is abandoned, the firm would receive the expected \$1.15 nillion cash flow at t=1 and would also sell the property and receive $4.95 million after taxes at t=1. If the project is bandoned, the company would receive no further cash inflows from it. What is the value (in thousands) of this bandonment option? Do not round intermediate calculations. a. $858 b. $1,124 c. $593 d. $265 e. $1,002