Question 14 (1 point) Saved George's leasehold improvements can be settled by making a payment of $12.000 now and $32 000 in 4 years (Alternative 1). Alternatively, this agreement can be settled by paying $2700 at the end of every 3 months for 5 years (Alternative 2). Interest is 10% compounded quarterly. Calculate the present value for each alternative and determine which alternative should George take using the discounted cash flow approach. Alternative 1 is preferred Neither option is correct Alternative 2 is preferred