Slot Precision Services, Inc. has five alternative broaching machines / processes that are being studied. Only one will be chosen and the data is shown below. Recommend the choice for management that uses the internal rate of return criterion. Compare this with the decision with that of a Present Worth criterion. Submit your solution in aspreadsheet.

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MARR 15% EAR Time Horizon years Alternatives Investment in year 0 $50,000 S250,000 S350,000 S600,000 S800,000 Annual Cash Flow Salvage value in last year S18,000 S85,000 S105,000 S150,000 165,000 SO 75,000 S125,000 S400,000 S600,000