Six mutually exclusive projects A,B,C,D,E, and F, are being considered by XYZ. They have been ordered by first costs so that project A has the lowest first cost, project F the largest. Specifically, detailed cash flows for Projects A and B are given below. Project A : Initial Cost of $359,545. annual benefit of $50,000 for 15 years Project B: Initial Cost of $503,363. annual benefit of $70,000 for 15 years Also, the table below apply to all projects (A through F). The data can be interpreted as follows: the IRR on the incremental investment from project C to D is 13%. First, calculate both the IRR for Project A and the Increment IRR from Project A to Project B. Next, Use the table to decide which project should be selected. MARR for XYZ is set at 10% IRR( Project A)=9% IRR( Project A)=11% IRR( Project A)=12% IRR( Project A)=13% IRR( Increament A to B)=8% IRR( Increament A to B)=9% IRR( Increament A to B)=10% IRR(IncreamentA to B)=11% Final Selection is Proect B Final Selection is Project C Final Selection is Project D Final Selection is Project F