3. You are considering making an $80,000 investment in a process improvement project. Revenues are expected to grow from $50,000 in 1 year by $30,000 each year for the next four years ( $50,000 first Year, $80,000 second year, $110,000 third year and so forth) while costs are expected to increase from $20,000 in year 1 by $10,000 each year. If there is no salvage value at the end of five years, what is the annual equivalent worth of the project, assuming an MARR of 12%