5. A small-scale painting business is to be established by John Noack-a Construction Management student at SUNY ESF. To limit start-up costs, John decides to purchase some used painting equipment. He has two mutually exclusive options: Do most of the painting by himself by limiting his business to residential painting jobs (B1) or purchase more painting equipment and hire some helpers to do both residential and commercial painting jobs that he expects will have a higher equipment cost but will provide higher revenues as well (B2). In either case, John expects to fold up the business in three years when he graduates from college. The cash flows for the two mutually exclusive alternatives are as follows. Knowing that both alternatives are revenue projects, which project would John select at MARR =10% ? (Note that both projects are also profitable at 10%.) 5. A small-scale painting business is to be established by John Noack-a Construction Management student at SUNY ESF. To limit start-up costs, John decides to purchase some used painting equipment. He has two mutually exclusive options: Do most of the painting by himself by limiting his business to residential painting jobs (B1) or purchase more painting equipment and hire some helpers to do both residential and commercial painting jobs that he expects will have a higher equipment cost but will provide higher revenues as well (B2). In either case, John expects to fold up the business in three years when he graduates from college. The cash flows for the two mutually exclusive alternatives are as follows. Knowing that both alternatives are revenue projects, which project would John select at MARR =10% ? (Note that both projects are also profitable at 10%.)