Please view the following video before answering this question. Click here to watch the video Griffin Dewatering is considering three alternatives. The first is the purchase of a permanent steel building to house their existing equipment for the overhaul of dewatering systems (engines, pumps, and well points). The building can be put into service for $230,000 in early January of this year. The planning horizon for this is 10 years, at which time the building can be sold for $120,000 in late December. Maintenance and upkeep of the equipment, plus labor and materials for overhaul, costs $115,000 per year. A second alternative is to lease a building for $12,600 per year at the beginning of each year in which case all operating costs are identical except for an additional $3,400 per year cost due to the inconvenient location of the lease property. Third, they could simply contract out the overhaul work for $177,000 per end-of-year, with an immediate credit through salvage of their present equipment for $42,000. The income tax rate is 25% and the after-tax MARR is 12%. Round answer to 2 decimal places, e.g. 52.75. The absolute cell tolerance is 10.01 Parta Determine the annual worth associated with buying the building. Be sure to give the appropriate MACRS GDS property class $ e Textbook and Media Please view the following video before answering this question. Click here to watch the video Griffin Dewatering is considering three alternatives. The first is the purchase of a permanent steel building to house their existing equipment for the overhaul of dewatering systems (engines, pumps, and well points). The building can be put into service for $230,000 in early January of this year. The planning horizon for this is 10 years, at which time the building can be sold for $120,000 in late December. Maintenance and upkeep of the equipment, plus labor and materials for overhaul, costs $115,000 per year. A second alternative is to lease a building for $12,600 per year at the beginning of each year in which case all operating costs are identical except for an additional $3,400 per year cost due to the inconvenient location of the lease property. Third, they could simply contract out the overhaul work for $177,000 per end-of-year, with an immediate credit through salvage of their present equipment for $42,000. The income tax rate is 25% and the after-tax MARR is 12%. Round answer to 2 decimal places, e.g. 52.75. The absolute cell tolerance is 10.01 Parta Determine the annual worth associated with buying the building. Be sure to give the appropriate MACRS GDS property class $ e Textbook and Media