1) (30 p.) Acme Molding is examining five alternatives for a piece of material handling equipment. Each has an expected life of 7 years with no salvage value, and Acme's MARR is 11%. Using an incremental analysis, which material handling alternative should be chosen? The table below includes initial investment, net annual income, and IRR for each alternative. Alternative A B D E Capital investment -$12,000-$12,500 $14,000-$16,300 -$20,000 Net annual income $2,500 $2,600 $3,100 $3,600 $4,250 IRR 10.43% 10.38% 12.33% 12.25% 11.04%