Given this problem, kindly solve it with complete solutions for me to study. Thank you!

Explanations will help as well!

In an automotive parts plant. an en'neering team is analyzing an improvement project to increase the productivity of a exible manufacturing center. The estimated net cash ows for the three feasible alternatives being compared are shown in the table below. The analysis period is 5 years, and MARE for capital investments at the plant is HEE- per year. Using the ERR method. 1.vhich alten'lative should he selected? --- An I ' t expense Ann ual insurance expense 3% ['96 of capital investment] Provide complete solution on the computation of book value using given depreciation method. incremental cashow analysis and ERR. Provide explanation to your proposalfrecommendation