Your company has been told by the Environmental Protection Agency (EPA) that it must install a pollution control system on its exhaust discharge system. To meet the requirement, the company is considering two alternatives. The first is a diesel-powered system and the other is an electric-powered system. The diesel-powered system has a seven year depreciable life and would have to be replaced after seven years. The electric-powered system has a 5 year depreciable life and would have to be replaced after five years. The tables below show the initial cost and annual operating expenses for each alternative. For example, the diesel-powered system will have an initial cost of $150,000 and year 1 operating costs of $41,758.76 and the electric powered system will have an initial cost of $1,200,000 and year 1 operating costs of $4,688.78. Assume the discount rate for this analysis is 10% Diesel Powered System Cash Flows Year 0 4 5 7 1 2022 2 2023 3 2024 6 2027 2025 2026 2028 (150,000.00) Initial Cost Annual Operating Expenses Total Costs (41,758.76) (42,585.80) (41,758.76) (42,585.80) (1,623,583.37) (1,389.91) (1,623,583.37) (1,389.91) (2,074.98) (2,774.50) (3,488.90) (2,074.98) (2,774.50) (3,488.90) (150,000.00) Electric Powered System Cash Flows Year 0 1 2020 2 2021 3 2022 4 2023 5 2024 ($1,200,000.00) Initial Cost Annual Operating Expenses Total Costs ($4,688.78) ($5,332.88) ($4,688.78) ($5,332.88) ($5,990.26) ($6,661.29) ($7,346.36) ($5,990.26) ($6,661.29) ($7,346.36) ($1,200,000.00) Which pollution control system should your company choose