Question 5 0.8/0.8 pts Two design alternatives A and B have the following cash flows. Each alternative has 20-year life at a 8% interest rate. Alternative A Alternative B. Initial Cost $700,000 $950,000 Annual Benefits $80,000 $120,000 Annual Operating Cost $20,000 $30,000 Using incremental B/C ratio to select the best alternative. Which of the following statements is TRUE? Incremental B/C ratio is 1.13 and Alternative B should be selected Incremental B/C ratio is 1.13 and Alternative A should be selected Incremental B/C ratio is 0.89 and Alternative A should be selected. Incremental B/C ratio is 0.89 and Alternative B should be selected