Carlson Inc. is evaluating a project in India that would require a $5.9 million after-tax investenent today (t=0). The after-tax cash flows woukd depend on whether Indin imposes a new property tax. There is a 5050 chance that the tax will pass, in which case the project will produce after-tax cash flows of $1,200,000 at the end of esch of the next 5 years. If the tax doesn't pass, the after-tax cash flows will be $2,200,000 for 5 years. The project has a WACC of 11.4%. The firm would have the option fo abandon the project 1 year from now, and if it is abandoned, the firm would receive the expected \$1.20 million cash flow at t=1 and would also sell the property and receive $.4.45 milion after taxes at t=1. If the project is abandoned, the company would receive no further cals inflows from it. What is the value (in thousalkd) of this abandonment option? Do not round intermediate calculations. a. $320 bi $661 c. 3789 6. $981 e. 5341