1. Which one of the following alternatives should be selected on the basis of Capitalised Cost Analysis where interest rate is 10% per year? The estimated cash flows for each alternative are as follows: Initial Investment Annual Cost Annual Revenue Trade-in Value Useful Life Alternative 1 $40,000 $6,000 $8,000 $5,000 6 years Alternative 2 $15,000 $3,000 $4,000 $3,000 3 years Alternative 3 $50,000 $5,000 $7,000 $5,000 9 years Alternative 4 $70,000 $7,000 $10,000 $8,000