Consider the following EOY cash flows for two mutually exclusive alternatives (one must be chosen). The MARR is 4% per year Lead Acid $7,000 $2,500 12 years $0 Lithium lon Capital investment Annual expenses Useful life Market value at end of useful life $14,000 $2,400 18 years $3,000 Click the icon to view the interest and annuity table for discrete compounding when 4% per year a. Determine which altemative should be selected if the repeatability assumption applies The AW of the Lead Acid is S(Round to the nearest dollar.) The AW of the Lithium lon is $1 (Round to the nearest dollar) Which alternative should be selected? Choose the correct answer below. O Lithium lon O Lead Acid b. Determine which alternative should be selected if the analysis period is 18 years, the repeatability assumption does not apply, and a battery system can be leased for $8,000 per year after the useful life of either battery is over. The PW of the Lead Acid is Round to the nearest hundreds.) The PW of the Lithium ion is $. (Round to the nearest hundreds.) Which alternative should be selected? Choose the correct answer below. O Lead Acid Lithium lon