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3. Borbet is considering one of two forklift trucks for its assembly plant. The firm's MARR is 11%. Assuming that the trucks are needed for

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3. Borbet is considering one of two forklift trucks for its assembly plant. The firm's MARR is 11%. Assuming that the trucks are needed for 12 years and no significant changes are expected in the future price and functional capacity of each truck, which truck is the most economical truck on the basis of AE analysis? (10 points) -Truck A costs $15,000 and requires $3,000 annually in operating expenses. It will have a $5,000 salvage value at the end of its three-years service life. -Truck B costs $20,000 and requires only $2,000 annually in operating expenses. It will have a $8,000 salvage value at the end of its four-years service life. 3. Borbet is considering one of two forklift trucks for its assembly plant. The firm's MARR is 11%. Assuming that the trucks are needed for 12 years and no significant changes are expected in the future price and functional capacity of each truck, which truck is the most economical truck on the basis of AE analysis? (10 points) -Truck A costs $15,000 and requires $3,000 annually in operating expenses. It will have a $5,000 salvage value at the end of its three-years service life. -Truck B costs $20,000 and requires only $2,000 annually in operating expenses. It will have a $8,000 salvage value at the end of its four-years service life

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