Alternative Methods I and I are proposed for a plant operation. Determine which alternative is economical if MARR is 20% Method Method II $40,000 5 years $5,000 Initial Investment $10,000 Useful Life 5 years Terminal Market Value $1,000 Annual Expenditures Taxes and Insurance $1,250 Operating costs $12,000 Overhead Cost $500 Maintenance Cost $400 On the basis of Incremental Analysis? Determine IRR using $800 $4,000 $200 $2,000 and 5% a. 11.1% b. 8.7% C. 10.9% d. 9.8%