A company is considering 2 possible alternatives for a new waste water facility. Which is the better alternative at 11.6% per year interest using an Annual Worth analysis. Alternative A: initial cost is $1,300,000 with annual operating costs of $137,800. A retrofit is required in year 9 costing $148,000. The project has a life of 14 years and a salvage of $550,000. Alternative B: initial cost is $1,600,000 with annual operating costs of $106,000. The project has a life of 20 years with a salvage of $700,000