(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 $90,000 to purchase, while alternative B will cost only $60,000. 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 9 percent. b. Which of the alternatives do you think Barry should select? Why? Data table Year Alternative A Alternative B $(90,000) $(60,000) 1 (17,000) (7,000) 2 (17,000) (7,000) 3 (17,000) (7,000) 4 (17,000) 5 (17,000) 6 (17,000) 7 (17,000) (Click on the icon in order to copy its contents into a spreadsheet.)