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(25 Pts.) 2. A mid-sized company is considering two proposals for improving the empioyees' parking area. Proposal A involves filling, grading and black-topping at an

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(25 Pts.) 2. A mid-sized company is considering two proposals for improving the empioyees' parking area. Proposal A involves filling, grading and black-topping at an initial investment of $5000. The life of refurbishing the parking lot is expected to be 4 years with an annual maintenance cost of$1000. Proposal B involves paving the parking area which would provide a life span of 16 years. The annual maintenance would be negligible, but the markings would need to be re-painted every 2 years at a cost of $500. Using the company's MARR of 12%, Compute the Breakeven Cost forpaving the parking area

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