The cash flows in the table below represent the potential annual savings associated with two different types of productionprocesses, each of which requires an investment of $30,000. Assume an interest rate of 9%.

Please answer a), b), c). thanks

(a) Determine the equivalent annual savings for each process The equivalent annual savings for process A are $ The equivalent annual savings for process B are S(Round to the nearest dollar.) (b) Determine the hourly savings for each process if will be in operation of 3,000 hours per year. The hourly savings for process A are S(Round to the nearest cent.) The hourly savings for process B are .(Round to the nearest cent.) (c) Which process should be selected? Choose the correct answer below. O Process A O Process B (Round to the nearest dollar.)