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In the table below, the cash flow values of three mutually exclusive alternatives, as vendors to outsource a project, have been give. (MARR=5%) Vendor 1 Vendor 2 Vendor 3 Initial investment $130,000 $320,000 $220,000 cost Operating and maintenance $5,500/yr $3000 in year $4000 in year 1 and it 1 and it increases by increases by $100 ever year 2% every year after that after that cost Recurring cost $6000 every three year $1000 every two year $3000 every three year Salvage value $15,000 $20,000 Useful life (years) 33 1. Which of these three vendors would you recommend to be selected? (27 points) 2. If you would like the second best alternative to become the best alternative, how much its initial investment should be reduced to in order for it to become the best alternative? (9 points) In the table below, the cash flow values of three mutually exclusive alternatives, as vendors to outsource a project, have been give. (MARR=5%) Vendor 1 Vendor 2 Vendor 3 Initial investment $130,000 $320,000 $220,000 cost Operating and maintenance $5,500/yr $3000 in year $4000 in year 1 and it 1 and it increases by increases by $100 ever year 2% every year after that after that cost Recurring cost $6000 every three year $1000 every two year $3000 every three year Salvage value $15,000 $20,000 Useful life (years) 33 1. Which of these three vendors would you recommend to be selected? (27 points) 2. If you would like the second best alternative to become the best alternative, how much its initial investment should be reduced to in order for it to become the best alternative? (9 points)