Tb Company is planning to expand its capacity. There are two feasible alternatives under consideration. The alternatives will have essentially infinite lives. The first alternative consists of constructing a new building of 20,000 square meters now and an addition of 7, 500 square meters in 8 years. The first cost of the 20,000 square-meter building is $1, 250,000. The annual maintenance cost will be $12,000 for the first 8 years. The 7, 500 square-meter addition will have a first cost of $500,000. Annual maintenance costs of the renovated building (the original building and the addition) will be $20,000. The second alternative is constructing a new building of 27, 500 square meters now. The first cost will be $1, 500,000. Maintenance costs will be $35,000 every two years (starting in two years). Given a MARR of 12%, determine which of the two alternatives is the best alternative