The estimated negative cash flows for three design alternatives are shown below. The MARR is 11% per year and the study period is five years. Which alternative is best based on the IRR method? Doing nothing is not an option.

Alternative EOY Capital investment nnual expenses $85,600 6,600 $65,200 12,440 $71,800 10,050 1-5 Which alternative would you choose as a base one? Choose the correct answer below. A. Alternative B B. Alternative A C. Alternative C Analyze the difference between the base alternative and the second-choice alternative. IRR ( | - | )-L1%. (Round to two decimal places.) Alternative EOY Capital investment nnual expenses $85,600 6,600 $65,200 12,440 $71,800 10,050 1-5 Which alternative would you choose as a base one? Choose the correct answer below. A. Alternative B B. Alternative A C. Alternative C Analyze the difference between the base alternative and the second-choice alternative. IRR ( | - | )-L1%. (Round to two decimal places.)