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If the following table were presented comparing the costs and tangible benefits of two accounting information systems: Costs and Tangible Benefits System 1 System 2

If the following table were presented comparing the costs and tangible benefits of two accounting information systems:

Costs and Tangible Benefits

System 1

System 2

Project completion time

1 year

1 year

Expected life of the system

5 years

5 years

One-time costs

$300,000

$140,000

Recurring costs incurred at beginning of years 15

$45,000

$55,000

Annual tangible benefits incurred at end of years 15

$170,000

$135,000

Does this table provide enough information to make an informed decision? Discuss in 100120 words.

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