****Please Draw Cash flow and other Diagrams with your answers where necessary. Failure to do so will result in a negative review.****

The incremental cash flows for alternatives P and Q are shown. Determine which should be selected using FW - based rate of return analysis. The MARR is 15% per year and alternative Q requires the larger initial investment.

Year Incremental Cash Flow (Q-P) 0 $-250,000 1-8 50,000 8 30,000