4.1 Wall-smart, a prime retail company, is considering buying new land in NJ for $1,250,000 to build a high tech distribution center on it. Three different buildings are being analyzed. $ Building Size Initial Cost (excludes land) Resale value of land + building after 20-year horizon Annual net income 3 acres 6 acres 9 acres 1,540,000 $ 2,500,000 $3,600,000 9,750,000 $ 17,160,000 $ 40,000,000 540,000 $ 600,000 $ 810,000 $ $ * Resale value considered a reduction in cost, not a benefit Using benefit-cost ratio analysis and an 18% MARR, determine which alternative, if any, should be selected a) Using PW, calculate the B/C Ratios of 3 building designs. [6 points) b) Conduct an incremental B/C analysis. [6 points) c) Based on your analysis, which alternative should be selected? (3 points)