Five mutually exclusive revenue alternatives that have infinite live s are under consideration for increasing productivity in a manufacturing operation. The initial costs and cash flows of each project are shown. If the MARR is 14.9% per year, which alternative should beselected?

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Alternative Initlal cost, S 7,000 23,000 -9,000 -3,000 -16,000 Cash flow, S per 1,000 3,500 1,400 500 2,200 14.3 15.2 15.6 16.7 13.8 year Rate of return (vs DN).96