\begin{tabular}{lcc} \hline & Alternative 1 & Alternative 2 \\ \hline Capital Investment & $16,000 & $23,000 \\ Annual Revenues & $7,000 & $13,000 \\ Annual Expenses & $2,400 & $5,000 \\ MV at end of useful life & $1,600 & $600 \\ Useful Life & 4 years & 12 years \\ IRR & 9.1% & 33.7% \\ \hline \end{tabular} Two mutually exclusive design alternatives are being considered for purchase. Doing nothing is also an option. The estimated cash flows for each alternative are given below. The MARR is 7% per year. Using the PW method, which alternative, if either, should be recommended? Click the icon to view the alternatives description. Click the icon to view the interest and annuity table for discrete compounding when the MARR is 7% per year. The PW for the Alternative 1 is $. (Round to the nearest dollar.) The PW for the Alternative 2 is $ (Round to the nearest dollar.) should be selected