Question: ANSWER ASAP please 10. An elective project is currently under review. The first alternative requires an initial investment of $60.000 for equipment. The annual revenues

ANSWER ASAP please
ANSWER ASAP please 10. An elective project is currently under review. The

10. An elective project is currently under review. The first alternative requires an initial investment of $60.000 for equipment. The annual revenues and expenses are expected to be $36.000 and $20,000 each year, respectively, over the 6-year project period. The salvage value of the equipment at the end of the project period is projected to be $14,000. The PW of this alternative is $17.587. The second alternative requires an initial investment of $116.000 for equipment. The annual revenues and expenses are expected to be $38,000 and $10,000 each year, respectively, over the 6-year project period. The salvage value of the equipment at the end of the project period is projected to be $22.000 Find the preferred alternative using PW analysis, assuming a MARR of 10%. (Find the PW directly - do not convert from either FW or AW) Justify your conclusion

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