A contractor needs a truck for his project. Two suppliers have furnished the following data: Alternative B First Cost P1,200,000 P2,000,000 Life 4 years 8 years Salvage Value Annual Expenses If the contractor requires a minimum return of 18%, by how much in pesos will he be able to save upon choosing the better alternative? P180,000 P100,000 P180,000 P120,000 $221,361.73 $8,167.81 $372,730.03 $2,629,741.34