A medium-size municipality plans to develop a software system to assist in project selection during the next 10 years. A life-cycle cost approach has been used to categorize costs into development, programming, operating, and support costs for each alternative. There are three alternatives under consideration, identified as A (tailored system), B (adapted system), and C (current system). Use an annual life-cycle cost approach to identify the best alternative at 8% per year. Also perform analysis in excel sheet. Alternatives Component Development A Programming Operation Support Development (Years 1-4) B Programming Operation (Years 1-10) Cost $250,000 now, $150,000 years 1-5 with additional amount of $50,000 at year 4 $45,000 now, $35,000 years 1-3 $60,000 years (1-5) and increase by 8% per year thereafter from 6-10 years. $40,000 years 1-3, 20,000 years 4-5 $150,000 now and decrease by 5% thereafter. $45,000 now, $35,000 years 1-3 $70,000 at year 1 and increase by $ 10,000 thereafter. $30,000 years 1-3, 30,000 years 4-5 $150,000 now and decrease by $5000. $45,000 now, 25,000 years 1-3 with additional amount of $5,000 at year 2-3. $70,000 at year 1 and increase by $ 5000 thereafter. $30,000 years 1-2, 30,000 years 3-5 Support Development (Years 1-3) Programming Operation (Years 1-10) Support