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Solve the following problem using annual cash flow only! Engulf & Devour is looking at two possible alternatives to do a job. Alternative 1 costs

Solve the following problem using annual cash flow only!

Engulf & Devour is looking at two possible alternatives to do a job. Alternative 1 costs $30,000,000 and results in an annual productivity increase of $8,450,000 for five years. Alternative 2 costs $50,000,000 and results in annual productivity increase of $14,000,000 for 5 years. E&D uses a MARR of 15%. Choose an alternative and explain why you chose it.

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