Ideally, show how to answer this using excel functions. Thanks!

Problem 5. Blue Whale Moving and Storage recently purchased a warehouse building in Santiago. The manager has two good options for moving pallets of stored goods in and around the facility. Alternative 1 includes a 4000-pound capacity, electric forklift (P = $30,000; n = 12 years; AOC = $-1000 per year; S = $8000) and 500 new pallets at $10 each. The forklift operator's annual salary and indirect benefits are estimated at $32,000. Alternative 2 uses two electric pallet movers (walkies) each with a 3000-pound capacity (for each mover, P = $2000; n = 4 years; AOC = $150 per year; no salvage) and 800 pallets at $10 each. The two operators' salaries and benefits will total $55,000 per year. For both options, new pallets are purchased now and every two years that the equipment is in use. (a) If the MARR is 8% per year, use an EAC comparison to determine which alternative is better