A company purchased modular office furniture for its two new office branches, A and B. MACRS with a 7-year recovery period was used to write off the investment. The following information was prepared for the economic evaluation. Alternative First costs Annual maintenance costs $35,000 S44,500 S1500 in year 1 and increasing $12,000 $150 each vear thereafter S3100 Salvage value Life, years However, the company expects to close branch A and sell the furniture at the end of year 5 for $20,000. Determine which is the better alternative based on an after-tax annual worth analysis with an effective tax of 40% and an after-tax MARR of 8% per year. A company purchased modular office furniture for its two new office branches, A and B. MACRS with a 7-year recovery period was used to write off the investment. The following information was prepared for the economic evaluation. Alternative First costs Annual maintenance costs $35,000 S44,500 S1500 in year 1 and increasing $12,000 $150 each vear thereafter S3100 Salvage value Life, years However, the company expects to close branch A and sell the furniture at the end of year 5 for $20,000. Determine which is the better alternative based on an after-tax annual worth analysis with an effective tax of 40% and an after-tax MARR of 8% per year