Referring to the table, complete the required information in the table below with accurate information.

3b. The team took a vote and established the MARR at 12%. Based
solely on this fact, which Alternative would you recommend? a. alternative 1 b. alternative 2 c. not enough information to answer the question. d. neither alternative 1 nor alternative 2 e.both alternative 1 and alternative 2

3c. After evaluating all the data, which alternative will you tell the team you have selected? Defend your answer.

   

Estimates: Item Initial Loan from Lender to Start Endeavor Interest charged from Lender (annual) Expected Annual Revenue Expected Annual Taxes Alternative 1 Start a Manufacturing Business ($5,000,000) 35% Alternative 2 Start an Engineering Consultancy ($975,000) 10% $1,250,000 $400,000 ($437,500) ($140,000) ($375,000) ($120,000) Foreseeable lifespan of endeavor (years) Risk Score 30 7 30 4 Expected Annual Expenses Financial Analysis Net Annual Cash Flow Net Present Value Internal Rate of Return Rudimentary Payback Period Alternative 1 (Start Alternative 2 (Start a Manufacturing Business) an Engineering Consultancy)