1. The following mutually exclusive investment alternatives have been presented to you.

   	A	B	C	D	E
   Capital investment Annual expenses Annual revenues MV at EOY 10 IRR	$60,000 $30,000 $50,000 $15,000 31.5 %	$90,000 $40,000 $52,000 $15,000 7.4 %	$40,000 $25,000 $38,000 $10,000 30.8 %	$30,000 $15,000 $28,000 $10,000 42.5 %	$70,000 $35,000 $45,000 $15,000 9.2 %

   The life span of all alternatives is 10 years. Using a MARR of 15 % per year, what is the preferred alternative? (Choose the one best answer from the choices given below.)

   	a.	Do nothing
   	b.	Alternative A
   	c.	Alternative B
   	d.	Alternative C
   	e.	Alternative D
   	f.	Alternative E