You and your partner have become very interested in cross-country motorcycle racing and wish to purchase entry-level equipment. You have identified two alternative sets of equipment and gear. Package K has a first cost of $160000, an operating cost of $10000 per quarter, and a salvage value of $40000 after its 2 -year life. Package L has a first cost of $240000 with a lower operating cost of $3700 per quarter and an estimated $26000 salvage value after its 4 -year life. Which package offers the lower present worth analysis at an interest rate of 8.00% per year, compounded quarterly? (Include a minus sign if necessary.) The present worth of package K is \$ and that of package L is \$ offers the lower present worth