3. To annually exclusive alternatives are under consideration. Alt. A will
Cost $44,000, provide annual benefits of $ 17,000, and a Salvage
of & 4000 at the end of it's 4 year life. Alt. B will cost $63,000
Provide annual benefits of $ 23,00oo and salvage of $ 5000
at the end of its 4 year life. Analyze these alternatives using
IRR, NPV, and pay back.