Use the same data as in Question 2. Please perform the following calculations for both plans. ered Q.3(a) Capitalized equipment cost [4] Q.3(b) Capitalized annual cash expenses [4] tion Q.3(c) [4] Total capitalized cost Which plan do you recommend? Q.3(d) [3] pred cion A company has received two alternate bids for a reaction step in their process as follows: Plan A Plan B Type of equipment Batch Continuous Initial cost of equipment $15,000 $35,000 Annual cash expenses $20,000 $12,000 (excluding depreciation cost) Service life 10 years 15 years Salvage value (at end of service life) $1,000 $2,000