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Step by step solution for the following: please and thank you 6. The CROC Co. is considering a new milling machine. They have narrowed the

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please and thank you
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6. The CROC Co. is considering a new milling machine. They have narrowed the choices down to three alternatives in addition to the Null alternative. The relevant data are shown in the table below. 15 pts Alternative Economy Regular Deluxe First Cost $70,000 $115,000 $200,000 Annual Benefit $28,000 $43,000 $90,000 M&O Costs $7,000 $11,000 $35,000 Salvage Value $13,000 $14,000 $16,000 All machines have a life of 6 years. Using incremental rate of return analysis, which alternative should the company choose? Use a MARR of 12%. 15 pts 6. The CROC Co. is considering a new milling machine. They have narrowed the choices down to three alternatives in addition to the Null alternative. The relevant data are shown in the table below. 15 pts Alternative Economy Regular Deluxe First Cost $70,000 $115,000 $200,000 Annual Benefit $28,000 $43,000 $90,000 M&O Costs $7,000 $11,000 $35,000 Salvage Value $13,000 $14,000 $16,000 All machines have a life of 6 years. Using incremental rate of return analysis, which alternative should the company choose? Use a MARR of 12%. 15 pts

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