3.2 Two Starbucks locations are evaluated, with the projected life of each facility being 8 years. The cash flows are as follows First Cost Maintenance & Operating Costs Annual Benefits Salvage Value Project life Alternative A $400,000 $35,000 $120,000 $60,000 8 Alternative B $350,000 $28,000 $100,000 $35,000 The company uses a MARR of 12%. Using rate of return analysis, which alternative should be selected? a) List the table of Incremental Cash Flow based on the two alternatives. [2 points] b) Calculate the Incremental IRR for the system investment. [3 points] c) Which alternative should be chosen? Why? [1 points + 1 point]