Jay Distributors wanted to purchase a new piece of equipment and were considering two competing alternatives, X which costs $50,000 and Y which costs $65,000. Using the estimates given in the table below, perform a sensitivity analysis and determine the most economical alternative at a MARR of 16%.

	Estimate	AOC	Salvage Value	Life (Yrs)
Equipment X	Optimistic	6000	8000	10
Equipment X	Most Likely	7500	10000	7
Equipment X	Pessimistic	8200	16000	5

	Estimate	AOC	Salvage Value	Life (Yrs)
Equipment Y	Optimistic	4000	9000	10
Equipment Y	Most Likely	5250	14000	8
Equipment Y	Pessimistic	7500	20000	5

A) Equipment X

B) Both X and Y

C) Equipment Y

D) Varies with estimate