2) Given the following two mutually exclusive alternatives: Alternative A Alternative B Initial Cost $60,000 $80,000 Depreciable Life 3 years 3 years Economic Life 5 years 5 years Depreciation Method MACRS MACRS Net Revenues/Year $10,000 $20,000 Market Value at the end of $10,000 $25,000 economic Life Effective Income Tax Rate 21% After Tax MARR 12% 12% a) Draw a table with these columns: Before tax cash flow, Depreciation, Taxable Income, Income Tax and after tax cash flow. (16 Points) b) Determine PW of after tax for each alternative. (5 Points) c) Which Alternative should be selected? (2 Points)