The table below lists four mutually exclusive projects. Which project should be selected based on the equivalent annual net cost?

Assume a $10\%$ discount rate?

Total Operating Cost $($PV$)$ Project life $($years$)$

Project A $1500008$

Project B $1200007$

Project C $1100006$

Project D $1000005$

A$.$Project B

B$.$Project A

C$.$Project C

D$.$Project D