Given the financial data for three mutually tions using the incremental rate of return analysis. in incremental rate or rerunrualul exclusive alternatives in the table below, answer the following Initial Cost O&M Cost Annual Benefit Salvage Value Life (years) 20,000 16,000 11,000 8,s00 1,3505,00025010 1,350 1,850 2,750 3,350 o 5,000 5000 5,000 5,000 275 Eg- 0 300 10 10 10 20,000 19,000 18,000 517,000 516.000 515.000o S14.000 513.000 $12.000 511.000 e 510,000 t 59.000 2$8,000 3 $7.000 E $6.000 $5.000 4,000 52.000 51.000 Interest Rate (%) a) Write the equation for one of the alternatives that is graphed b) What are the Internal Rates of Return for each option? c) Create a choice table. 202 ri If MARRIS22%, what alternative should be selected? And what does the PW value indicate