please answer all the parts and show the formulas where possible.

- + Fit to page ID Pageview | A Read aloud Question 4 (25 points) A canning plant is considering purchasing a new tomato-peeling machine. Each choice has a 6- year useful life. First cost Annual benefit Annual O&M cost $52,000 38,000 1 5,000 $63,000 31,000 9,000 $67,000 37,000 12,000 The MARR is 12%. For parts a)-c), which alternative should be selected? a) Solve the problem by payback period. b) Solve the problem by future worth analysis. c) Solve the problem by benefit-cost ratio analysis. d) What would the first cost for alternative B need to be in order for alternative A and alternative B to be equally desirable