)An investor is considering an R&D project that requires an initial capital investment of $25,000. The investor will collect revenues from the project in the next 10 years once the investment is made. The revenue at the end of the first year is $4,000. The revenues will increase by $3,000 every year. The minimum attractive rate of return (MARR) for this investor is 12%. Fill in the table and find the conventional payback period. 0 1 2 3 Cash flows (in 1,000 dollars) 4 5 6 Capital investment Annual operating costs Useful life 7 Salvage value at the end of useful life and year. The conventional payback period for this project is between year A software company is considering buying new equipment. Estimated cash flows and useful lives of the two alternatives available in the market are given in the following table. Assume that the company can earn 12% on its funds that are not invested in the equipment. Alternative 1 $50,000 $2,000 5 years $10,000 8 (a) (16 pts) Calculate the capital recovery cost for each alternative. capital recovery cost of alternative 1: capital recovery cost of alternative 2: 9 Alternative 2 $80,000 $1,000 8 years 10 $30,000