Faiq Allied Limited (FAL) has made an investment of Rs. 15 Million in a new project. The company is keen to analyze the future prospects concerning the project to determine whether continuing this project would be feasible for the company. The present values of project cash inflows and the expected net abandonment values for the project are given below:

Year Cash Inflows (Rs.) Abandonment Value (Rs.)
0 (15000000) -
1 4688250 8706750
2 4782000 5379750
3 2670000 2136000
4 1908000

Based on the given information, when should the project be abandoned?
1) Year 1
2) It should be continued
3) Year 2
4) Year 3