9. A consulting engineering firm is considering two alternative models (refer to Table 2) of telecommunications equipment for the company. Both products meets the technical requirements. You are required to choose an option based on the economic aspect. Table 2: Associated financial parameters Korean Product Japanese Product $22000 Initial cost $26000 $3000 Annual operating cost $2000 Salvage value $3000 Product life cycle 5 years $5000 5 years Considering the bank interest rate on a loan is 9.5%, Answer the following questions: a. Describe the process of selecting the telecommunications equipment on the basis of the given information. [4 Marks) b. Perform the economic analysis and choose the better alternative. (11 Marks)