2. Suppose that we are analyzing 4 alternatives for a small investment project, using Incremental Internal Rate of Return method (by ranking the alternatives based on increasing capital investment). Using an MARR of 12% per year. a) Determine which alternatives detailed in the below table are financially justified. (15 points) b) Which alternative should be chosen? (15 points) (YOU CAN USE EXCEL TO SOLVE THE PROBLEM Alternative 1 2 3 First costs Annual cost 5 year Annual Revenue Sea Life years BORO 28 610 50 000 26.000 DO 145000 16 DOO 31000 PO OXO 21.00 20.000 1 8