Now assume the company is considering two methods: automated method and manual system. The estimates for each method are shown below.

$\backslash$table$[[,$Automated,Manual$],[$First cost$,$ $$,400,000,0],[$Operating cost$,$ $$,30,000($per $3$ years$),200,000($per $6$ years$)],[$Revenue$,$ $$,150,000($per year$),100,000($per year$)],[$Salvage value,$200,000,500,000],[$Life$,$ years,$9,$Infinite$]]$

The effective interest rate is $3\%$ per quarter.

Which alternative should be selected? Use Capitalized Cost Approach.