ACE Molding Company is considering the purchase of a new forklift for its flourishing custom moldings. The key parameters of the three forklifts under scrutiny (Alpha, Beta and Gamma) are provided below Alpha 325,000 Beta 385,000 200,000 at EOY1 275,000 at EOY1 350,000 at EOY1 increasing by 1,000 annually thereafter Gamma 426,000 Parameters 1. Initial Cost (S) increasing by 2,000 annually thereafter 112,000 at EOY1 increasing by 1,000 annually thereafter 265,000 at EOY1 increasing by 1.5% annually thereafter 2. Revenues ($) 3. Operating Costs | increasing by 1% 214,000 annually thereafter annually 30,000 10 4. End-of-life salvage 10,000 -5,000 value ($) 5. Useful life (vears 5 10 EOY End-of-year . Industry Standard 4 years MARR-10% 1. Alpha's Net Future Worth (NFW) after 5 years (rounded to the nearest $100) is a) $30,400; b) $33,400; c) $35,400; d) $38,500 2. Beta's Net Present Worth (NPW) (rounded to the nearest $100) is a) $18,100; b) $20,200; c) $24,300; d) $35,100 3. Gamma's NPW (rounded to the nearest $100) is a) $22,900; b) $26,900; c) $29,900; d) $32,500 4. Alpha's Annual Equivalent Worth (AEW) (rounded to the nearest $100) is a) $4,800; b) $5,100; c) $5,400; d) $5,500 5. Beta's Annual Equivalent Worth (AEW) (rounded to the nearest $100) over 20 years (it was repeated several times) is a) $4,000; b) $4,800; c) $5,100; d) $5,400 6. The best forklift based on the NPW method is a) Alpha; b) Beta; c) Gamma 7. Based on the simple payback method, Gamma's recovery period (to the nearest half or full vear) is a) 3.5 years; b) 4.5; c) 5.5; d) 6.0