Slove it by Excel

6.23 Blue Whale Moving and Storage recently pur- chased a warehouse building in Santiago. The manager has two good options for moving pallets of stored goods in and around the facility. Alterna- tive 1 includes a 4000-pound capacity, electric forklift (P = $-30.000: n = 12 years: AOC = s-1000 per year. S = $8000), and 500 new pallets at S10 each. The forklift operator's annual salary and indirect benefits are estimated at $32,000 Alternative 2 involves the use of two electric pallet movers ("walkies") each with a 3000-pound capacity (for each mover, P $-2000; 4 years; AOC $-150 per year; no salvage) and 800 pal lets at $10 each. The two operators' salaries and benefits will total $55,000 per year. For both op- tions, new pallets are purchased now and every 2 years that the equipment is in use. (a) If the MARR is 8% per year, select the better alternative. (b) Rework using a spreadsheet solution