37. -Question Two options for treatment of an anticorrosive coating for a chemical storage tank are being reviewed. The first anticorrosive option is that it will cost $5000 and last 5 years if it is maintained at the end of 3 years at a cost of $1000. The second option is to use an oil-base enamel coating that will last 2 years. The amount the enamel coating can cost for the two options to breakeven at an interest rate of 8% per year is most nearly: a. $2120 Option 2 Option i $5,000 Initial Cost b. $2390 c. $2590 d. $2725 EOY Cost $1,000 Years 5yrs 2455