Which of the following projects is the most attractive? MARR = 14.00% compounded annually (show your calculations) Project A Project B Project C Initial Cost $340,000 $376,300 $316,500 Salvage Value $22,100 $43,270 $42,730 Operating Cost $13,400 per year $5,330 per year (starting $5,700 per year the end of year one) with an annual increase in operating costs of $350 starting the end of year two. i.e. operating costs for year one is less than year two, which is less than year 3 etc.. Maintenance Cost $47,200 after 5 years (once only) $22,400 per year $32,800 per year Life 9 years 14 years infinite