Please use incremental rate of return for analysis. Use "do nothing" in the analysis.

Three alternatives have the following cost and annual benefit data associated with them Alt. 1 Alt. 2 10 Alt.3 10 Data Useful Life, Years 10 First Cost Annual Benefit Annual M&O Costs 195,000 97,000 AnnualM&O Gradient 2,300 2,100 Salvage Value Loan Payment The loan payments are calculated using an interest rate of 10% a life equal to the life of the machine, and a down payment of 30%. Use a MARR of 12% and determine which machine, if any, should be purchased. Use incremental rate of return for your analysis. Do not forget to use DN in the analysis S1,325,000 S1,980,000 $1,650 265,000 589,000 435,000 91,000 1,980 145,000 205,000 178,000 150,946 225,565 187,971