ebook Present Value of costs The Aubey Coffee Company is evaluating the within-plant distribution system for its new roasting, grinding, and packing plant. The two alternatives are (1) a conveyor system with a high in tal cost but low anual operating costs and (2) several forklift trucks, which cost less but have considerably higher operating costs. The decision to construct the plant has already been made, and the choice here will have no effect on the overall revenues of the project. The cost of capital for the plant is, and the projects' expected net costs are listed in the following tables Year 1 Expected Net Cost Conveyor Forklift $500,000 $200,000 120,000 160,000 - 120,000 - 150,000 120,000 - 150,000 -120,000 160.000 - 20,000 160,000 2 3. What is the IRR of chromative The IRR of alternative 1 Select The IRR of alternative Select b. What is the present value of costs of each tomative? Do not found intermediate calculations. Round your answers to the nearest dolar. Use a minus sign to enter negative values, if any Alternative 1 Alternative 215 Which method should be chosen Select should be chosen