Projects that involve a choice among competing alternatives, where selection of one project implies rejection of all the other alternatives, are Screening projects Preference projects Mutually exclusive projects. Independent projects Question 45 3 pts Bart Corp is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in net income after tax of $100,000. The equipment will have an initial cost of $400,000 and have a 5 year life. if the salvage value of the equipment is estimated to be $75,000, what is the annual net cash flow? $25.000 $175.000 $35.000 $165.000