2. A company is considering two mutually exclusive alternatives for a proposed new operation. Both alternatives have a useful life of 10 years and annual revenues, annual operating costs and end-of-life salvage values as show below. Compare the two alternatives using net present worth. If the company has a MARR of 10%, which alternative, if any, should be selected? I Alt Alt K Initial cost $ 450,000 $ 300,000 Annual revenue $ 120,000 $ 100,000 Annual operating cost $ 20,000 $ 25,000 Salvage value $ 50,000 $ 25,000