Question 17 Not yet answered First: [5] A project engineer with EnvironCare is assigned to start up a new office in a city where a 6-year contract has been finalized to collect and analyze ozone-level readings. Two lease options are available, each with a first cost, annual lease cost, and deposit-return estimates shown below. The MARR is 15% per year Marked out of 8.00 Flag question Lacate Location B First costs - 15.000 18.000 Annual lease cost per year -3.500 -1,100 Deposit returns 1000 2.000 Lease term, years EnvironCare has a practice of evaluating all projects over a 5-year period. If the deposit returns are not expected to change, which location should be selected?. Justify your answer using PW method. Second: [3] Alpha Construction just purchased a new track hoe attachment costing $12,500. The CEO, Ali, expects the implement will be used for five years when it is estimated to have a salvage value of $4,000. Maintenance costs are estimated to be $0 the first year and will increase by $100 each year thereafter. If a 12% Interest rate is used, what is the equivalent uniform annual cost of the implement