Question 8 10 points Save Answer A company purchase a piece of manufacturing equipment for rental purposes. The expected annual income is $7,100. Its useful life is 4 years. Expenses are estimated to be $1.600 annually. If the purchase price is $20.000 and the salvage value is $2,000. What is the present worth of this investment altemative? O a. PW = $2.935 O b. PW = $3,935 O c. PW = $1.835 O d. PW = $2.835