Analysis period different from useful lives (5 Points) wo pumps are being considered for purchase for a service life of 10 years. Interest rate is 5% Alternatives Pump 1 Pump 2 Initial Cost $60,000 $75,000 Estimated salvage value at end of useful life $10,000 $12.000 Useful Life 6 years 11 years Estimated market value, end of 10-year $12,000 $15,000 (1) Develop the cash flow diagram for both alts. (1 point) (2) Apply the present worth technique, which pump should be considered? (4 points)