Exercise: JCon Ptd. Ltd. needs to choose one production system. Two production systems have been identified; System P and System Q. Data on these two systems are given in Table 1. Analyze this problem using P or F or A worth and suggest the most economical production system if Minimum Attractive Rate of Return (MARR) is 20% per year (Show cash flow diagram and all calculations) Initial cost Operation cost Revenue System P RM 450,000 RM8,000 at year land after that increases exponentially at a rate of 3% per year until the end of its life. RM170,000 per year until the end of its life. System Q RM 320,000 RM15,000 at year 1 to year 3. Operation cost at year 4 until the end of its life is RM20,000 per year. RM160,000 at year 1. After year 1, income decreases at the rate of RM2,000 per year until the end of its life. Salvage value Life RM15,000 8 years RM10,000 8 years (Answer: Pp = 172,618, P = 210,301, select Q). Note: F & A may also be used