Fall 2021 Distance 1. (6 points) Ross Inc. is considering two equipment alternatives to increase its production volume. The respective financial estimates for each alternative are as follows: Equipment A Equipment B Initial Cost $450,000 $80,000 Annual Benefit $60,000 $24,000 Salvage Value $0 $12,000 Overhaul every 10 yrs $20,000 0 Useful Life (Years) 30 10 If the interest rate is 8%, which equipment should Ross Inc. select based on an annual worth analysis