You have been presented with 4 investment opportunities. You will receive an income on each investment for the next 8 years. MARR is 12% for your personal investments. Using an incremental analysis, which alternative should be chosen? The table below includes initial investment, net annual income, and IRR for each alternative. I would recomment to use incremental PW, however you can use your preferred method. A Capital investment $12,000 B $14,400 Alternative C $16,250 D $20,000 Net annual income $2,500 $3,050 $3,620 $4,400 IRR 12.99% 13.48% 14.99% 14.61% What is your base alternative? ........ Complete the incremental tables to identify the best alternative. Show details of your work. Step 1: Alternative Capital investment Net annual income PW or IRR or your preffered apprach Step 2: Alternative Capital investment Net annual income PW or IRR or your preffered apprach The winner is.. Step 3: Alternative Capital investment Net annual income PW or IRR or your preffered apprach