A manager has performed well as the chief financial officer of the Maxtech Computer Company and has earned a bonus. The manager has a choice among the following three bonus plans: Note: Use tables, Excel, or a financial calculator. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) A $50,000 cash bonus paid now. A $10,000 annual cash bonus to be paid each year over the next six years, with the first $10,000 paid now. A three-year $22,000 annual cash bonus with the first payment due three years from now. Required: Evaluate the three alternative bonus plans. The manager can earn a 6% annual return