Our local furniture maker needs a new lathe. Given i = 6%, compute the present worth of alternative A IF COMPARING TO ALTERNATIVE B.

a. -5879

b. -5060

c. -8628

d. -9418

Alternative: Initial Cost: Annual costs: Salvage Value: Life: A: $4,500 $200 $600 B: $5,500 $400 $300 12 years 6 years