4. Three alternatives have the following cost data associated with them Alt. 1 Alt. 2 Alt.3 Data Useful Life. Years 10 First Cost 10 10 $1.325,00 1.980,000 $1.650,000 Annual Benefit $265,000 $589,000 $435,000 Annual M&O Costs $95,000 $97,000 $91.000 M&o | S2.300 | $2,100 $2.100 $1 980 Annual Gradient Salvage Value . 45.000 05.000-78.000 Loan Payment $150.946 $225,565 $187.971 The loan payments are calculated using an interest rate of 10%, a life equal to the life of the machine, and a down payment of 30%. Use a MARR of 12% and determine which machine, if any, should be purchased. Use incremental analysis. Due date: October 19, 2017 (Thursday)