1. The following cash flows are associated with three alternatives under consideration by the firm: N (Year) A1 (TL) A2 (TL) A3 (TL) 0 0 -50,000 -75,000 4,500 20,000 20,000 2 4,500 20,000 25,000 3 4,500 20,000 30,000 4,500 20,000 35,000 5 4,500 20,000 40,000 1 4 If interest rate for the firm is 12%, compare the alternatives using the internal rate of return method (IRR method) and incremental cash flow approach. Which alternative should be selected? Why