Two pieces of equipment are being analyzed. Based on an 8% interest rate, which alternative should be selected. Positive is benefit, negative is cost. Use present worth analysis. 4. Alternative 1 ($) 2000 1000 850 700 550 400 400 400 400 Alternative 2 ($) 1500 700 300 300 300 300 400 500 600 Year 0 4 6 7