(Related to Checkpoint 11.2) (Calculating EAC) Barry Boswell is a financial analyst for Dossman Metal Works, Inc. and he is analyzing two alternative configurations for the firm's new plasma cutter shop. The two alternatives, denoted A and B below, will perform the same task, but alternative A will cost $80,000 to purchase, while alternative B will cost only $55,000. Moreover, the two alternatives will have very different cash flows and useful lives. The after-tax costs for the two projects are as follows: a. Calculate each project's EAC, given a discount rate of 10 percent. b. Which of the alternatives do you think Barry should select? Why? a. Alternative A's EA) at a discount rate of 10% is $ Data table (Round to the nearest cent.) Year 0 1. 2 3 4 5 Alternative A $(80,000) (20,000) (20,000) (20,000) (20,000) (20,000) (20,000) (20,000) (Click on the icon in order to copy its contents into a spreadsheet.) ... 6 7 Print Done Alternative B $(55,000) (6,000) (6,000) (6,000) X