2. The owner of a corner lot wants to find the best use for it. After much investigation, the owner has narrowed down the choices to the following two: Build Gas Station Build Soft Ice Cream Stand First cost 120,000 70,000 Annual property taxes 3,200 8,000 20 years Life of building 20 years Salvage value Annual cost 800,000 220,000 Annual benefit 825,000 234,000 If the owner thinks a reasonable MARR is 10%, which alternative would you suggest? Use incremental internal rate of return analysis and the factor tables in the book. You may check your results using Excel. [4 points]