Use the after-tax IRR method to evaluate the following three alternatives for MACRS 3-year property, and offer a recommendation. The after-tax MARR is 25%, the project life is 5 years, and the firm has a combined incremental tax rate of 45%.

Alt. First Cost Annual Cost Salvage value A $14,000 $2500 $ 5,000 B $18,000 $1000 $10,000 C $10,000 $5000 $0

Please help in the most detailed way as possible, use excel too. Thanks!