show work steps pleaseanother part of the question is what alternative should be selected?

Workout problem: For this question, you will need to show your work. No work, no credit, even if you get it right. You will scan your work and email it to Prof. Sidwell within 5 minutes of finishing your exam. Consider the three mutually exclusive alternatives below. Determine which alternative is preferable at an interest rate of 9% per year. Alternative M N P Capital investment $400,000 $4000 $150,000 Annual expense $189,000 $94,500 $134,000 Annual revenue $309.000 $194.500 $234.000 Salvage value $65,000 $130,000 Life, years 24 12 Round to the nearest whole number AW(M): $ AW(N): S AW(P): S