Question 3 of 12 -/15 View Policies Current Attempt in Progress Please view the following video before answering this question. Video Solution: 09.02-PRO19 A portable concrete test instrument used in construction for evaluating and profiling concrete surfaces (MACRS-GDS 5-year property class) is under consideration by a construction form for $23,500. The instrument will be used for 6 years and be worth $1,750 at that time. The annual cost of use and maintenance will be $10,000. Alternatively, a more automated instrument (same property class) available from the manufacturer costs $30,500, with use and maintenance costs of only $8,000 and salvage value after 6 years of $2,500. The marginal tax rate is 25%, and MARR is an after-tax 12% Determine which alternative is less costly, based upon comparison of after-tax annual worth. Show the AW values used to make your decision: Alternative 1:$ Alternative 2:$ Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is +10. Click here to access the TVM Factor Table Calculator Click here to access the MACRS-GDS table