You have been asked to evaluate two alternatives, X and Y, that may increase plant capacity for manufacturing high-pressure hydraulic hoses. The parameters associated with each alternative have been estimated. Which one should be selected on the basis of a present worth comparison at an interest rate of 14% per year? Why is yours the correct choice?

Alternative	X	Y
First Cost	$-30,000	$-90,000
Maintenance cost, per Year	$-8000	$-4000
Salvage Value	$4,500	$10,000
Life	5 years	5 years

The present worth of alternative X is $

and that of alternative Y is $