Three alternative insulations are being considered for installation on a machine part. After the initial installation, if the insulation fails in any future year, it is replaced by an identical one at a cost lower than the initial cost. The costs and probabilities of failure in any year are given in the table below. If the analysis period is infinte (i.e, N= infinity), calculate the expected EUAC of the 3-inch insulation. The MARR is 7% per year. A. $282 B. $176 C. $123 D. $422 Three alternative insulations are being considered for installation on a machine part. After the initial installation, if the insulation fails in any future year, it is replaced by an identical one at a cost lower than the initial cost. The costs and probabilities of failure in any year are given in the table below. If the analysis period is infinte (i.e, N= infinity), calculate the expected EUAC of the 3-inch insulation. The MARR is 7% per year. A. $282 B. $176 C. $123 D. $422