Water Test has developed a new detection method that allows for water contaminants to be quickly identified. A major manufacturer is offering a contract to buy the technology, but the catch is that they want it implemented in a handheld detector. Water Test estimates that the cost of development and testing will be $40,000 up front. The manufacturer is offering $15,000 for the next five years and then $25,000 for the next 10 years. Water Test's MARR is 12% per year. What is the Present Worth of the Contract? a. $134,224 O b. $155,327 C. $94,224 d. $80,152 Based on your analysis, What should Water Test decide? a. PW=0, either option is acceptable b. Since PW > 0, WaterTest should take the contract C. Since PW O implies that the contract should be rejected