Legacy Regional Airport (LRA) is considering the following two mutually exclusive projects: (a) To build a concession area to offer food, beverage, gift merchandise, etc. The first cost of this project is $25,000,000 and it is a permanent project. The annual operating cost is estimated to be $400,000 per year and annual revenue is projected to be at least S3,000,000 per year to infinity (b) To build an in-line system of conveyer belts to process up to 700 bags per hour. The life of this project is 10 years with a first cost of $5,000,000 and zero salvage value. The annual operating cost is $200,000 in year 1 with an increase of 5 percent per year starting the second year over the life of project. The revenue (cost saving) of the conveyer belt system is $1,200,000 in year 1 with an increase of $200,000 per year starting the second year over the life of the project LRA uses a MARR of 8 percent. Using annual worth technique, which of these two alternatives should be selected? Legacy Regional Airport (LRA) is considering the following two mutually exclusive projects: (a) To build a concession area to offer food, beverage, gift merchandise, etc. The first cost of this project is $25,000,000 and it is a permanent project. The annual operating cost is estimated to be $400,000 per year and annual revenue is projected to be at least S3,000,000 per year to infinity (b) To build an in-line system of conveyer belts to process up to 700 bags per hour. The life of this project is 10 years with a first cost of $5,000,000 and zero salvage value. The annual operating cost is $200,000 in year 1 with an increase of 5 percent per year starting the second year over the life of project. The revenue (cost saving) of the conveyer belt system is $1,200,000 in year 1 with an increase of $200,000 per year starting the second year over the life of the project LRA uses a MARR of 8 percent. Using annual worth technique, which of these two alternatives should be selected