You are looking at setting up a C corporation to develop real estate. The company is looking at two alternatives. The first alternative produces a taxable income for the company of $20,000,$112,000, and $18,000 for the next three years. The second alternative produces a taxable income for the company of $45,500,$54,000, and $50,000 for the next three years. Compare the net present values before taxes of both of these investments using a MARR of 10%. Select the better alternative