PLEASE DO A B AND C

4. A manufacturer wants to buy a new machine. He has two alternative technologies. The cash flows of the alternatives are given below: Project Project B Initial Investment Cost 50000 TL 65000 TL Annual Expenses 22000 TL 24000 TL Annual Revenues 9000 TL 8000 TL Salvage Value 13000 TL 20000 TL 8 years 8 years Useful Life A. Calculate the payback period of each alternative and decide the best alternative without taking into account the time value of the money. (15 points) B. Use conventional benefit cost ratio analysis to define which alternative should be selected. (MARR %10) (10 points) C. Use modified benefit cost ratio to define which alternative should be selected, (MARR %10) (10 points)