50. Packaging equipment for Xi Cling Wrap costs 960.000 $23,000 per year for 3 years. The equipment will have a market value of $10,000 after 3 years. The equin be leased for $21,000 per year, payable at the beginning of each year. Xi Cling's MARR is 10 percentlyear. R an annual worth analysis, determine if the packaging equipment should be purchased or leased. ased Section 7.4 age va 51/ Alternatives I, 2, and 3 have lives of 3.4 and 6 years, respectively. Their net cash flow (NCF) and salvage! (SV) profiles are as follows: Alternative 1 Alternative 2 Alternative 3 NCF3 -$70,000 $30,000 $30,000 sV2 SV3 $70,000 $50,000 $30,000 $20,000 EOY SV1 NCF2 $20,000 $8,000 $8,000 $28,000 $20,000 $20,000 $20,000 $20,000 $30,000 $20,000 $10,00004$10,00 $30,000 $0 $30,000 $30,000 $5,000 $30,000$2,000