Fall 2021 Distance 1.(6 points) Ross Inc. is considering two equipment alternatives to increase its production volume. The respective financial estimates for each alternative are as follows: Equipment A $450,000 $60,000 Initial Cost Annual Benefit Salvage Value Overhaul every 10 yrs Useful Life (Years) Equipment B $80,000 $24,000 $12,000 0 10 $0 $20,000 30 If the interest rate is 8%, which equipment should Ross Inc, select based on an annual I worth analysis? Fall 2021 Distance 1.(6 points) Ross Inc. is considering two equipment alternatives to increase its production volume. The respective financial estimates for each alternative are as follows: Equipment A $450,000 $60,000 Initial Cost Annual Benefit Salvage Value Overhaul every 10 yrs Useful Life (Years) Equipment B $80,000 $24,000 $12,000 0 10 $0 $20,000 30 If the interest rate is 8%, which equipment should Ross Inc, select based on an annual I worth analysis