Company B must choose one of two methods for its validation activity. Based on the information below, perform an incremental rate of return analysis and make recommendation. MARR is 12 % per year compounded continuously. COMPLETE USING IRR FUNCTION IN EXCEL OR I WILL DOWNVOTE AND REPORT

Method	X	Y
Initial Cost	100,000	250,000
Annual Operation Cost	30,000 in year one increasing by 5000 each year	20,000
Salvage Value	0	60,000
Estimated Life in Year	3	6