Hilsdale is considering two options for comparable computer software Option A will cost $25,000 plus annual ficense renewais of $1,000 for three years, which includes technical support. Option B will cost $20,000 with technical support being an add-on charge. The estimated cost of tectinical support is $4,000 the first year, $3,000 the second year, and $2,000 the third year. Assume the soltware is purchased and paid for at the beginning of year one, but that technical support is paid for at the end of each year. The discount rate is 8% Ignore income taxes: a. Calculate the presont value of net cash flows. (EV of S1, PV of \$1, EVA of \$1, and PVA of \$1). (Use appropriate factor(s) from the tables provided, Round final answer to the nearest whole dollar.) b. Determine which option should be chosen based on present value considerations. Option B Option A