Crowell Company is considering two capital investment. Both investments have an initial cost of $9,000,000 and total net cash inflows of $17,000,000 over 10 years. Crowell requires a 15% rate of return on this type of investment. Expected net cash inflows are as follows:

Year	Plan Alpha	Plan Beta
1	1,700,000	1,700,000
2	1,700.000	2,400,000
3	1,700,000	3,100,000
4	1,700,000	2,400,000
5	1,700,000	1,700,000
6	1,700,000	1,600,000
7	1,700,000	1,300,000
8	1,700,000	1,000,000
9	1,700,000	700,000
10	1,700,000	1,100,000
	17,000,000	17,000,000