please solve in word format

Answer the question. Consider the three mutually exclusive alternatives below. Determine which alternative is preferable at an interest rate of 10% per year. Assume all of these projects are repeating perpetually, Alternative A B C Capital investment $400,000 $100,000 $150,000 Annual expense $189,000 $94,500 $134,000 Annual revenue $309,000 $204,500 $300,000 Salvage value $65,000 $50,000 $100,000 Life, years | 24 36 12 1 i FBI , O EE % 5 % Solution: AW(M) - -400,000 (A/P, 10%,24) - 189,000 + 309,000 + 65,000 (A/F, 10%,24) = -400,000