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There are several CNG fuel dispensers manufactures in US. One of them is Wayne Fueling Systems from Austin, Texas. In 2019, Wayne Fueling Systems

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There are several CNG fuel dispensers manufactures in US. One of them is Wayne Fueling Systems from Austin, Texas. In 2019, Wayne Fueling Systems realized that they need to replace the equipment to streamline one of their production lines for a new contract, and plan to sell the equipment at or before its expected life is reached at an estimated market value for old used equipment. To conduct an economic analysis between the two options given below. 1. Which method in economic analysis (PW, FW, AW) you think will use for the selection process? 2. Recommend your selection between the two options given below using the corporate MARR of 15% per year and the economic analysis you recommended in Question 1 for the expected use period in paper/by hand. Draw the cash flow diagram. 3. Bonus Points (20): Solve this problem using Excel. (This is your Bonus point to boost your grade, means you will earn 120 out of 100.) Upload Excel File in the "Question 3."

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