Problem 3 (not in the textbook): (Total 5 points) The current distillation column is not functioning to capacity and needs to be replaced to increase production rate and yield, ultimately increasing the companys overall annual income from the product. You have done cost estimates and found three possible units for purchase. Each projects cash flows are shown below. A B C First cost, $ 100,000 133,000 170,000 M&O cost, $/year 8,000 8,000 5,000 Annual income, $/year 50,000 40,000 50,000 Salvage value, $ 65,000 100,000 - Expected Life, years 6 12 The company expects to earn a MARR of 10%/ year on all invested monies. One of these distillation columns must be installed. Using a ranking process, determine which unit should be purchased based on capitalized cost assessment.