Q1) The following table contains the information for two alternatives discussed in a certain company. MARR = 10%. Project X Y Information Initial Cost $4500 $6500 Useful life (yrs) 30 Infinity Salvage Value 1500 Maintenance cost $150 each two years $130/year staring at the end of the second year. Benefits 1700/year 1500 (first year) - 1700 (2nd year) 1900 (3rd year) and this trend repeated for infinity 1) Use Present Worth Analysis Method to compare between the two mutually exclusive alternatives (50 marks) 2) For Alternative X, determine the conventional payback period (30 marks) 3) What is the capital recovery for alternative Y (20 marks)