(Solved): A remotely located air sampling station can be powered by solar cells or by running an above groun ...

A remotely located air sampling station can be powered by solar cells or by running an above ground electric line to the site and using conventional power. Solar cells will cost $$\$15,800$$ to install and will have a useful life of 5 years with no salvage value. Annual costs for inspection, cleaning, and other maintenance issues are expected to be $$\$2,400$$. A new power line will cost $$\$22,000$$ to install, with power costs expected to be $$\$1,000$$ per year. Since the air sampling project will end in 5 years, the salvage value of the line is considered to bero. NOTE: This is a multi-part question. Once an answer is submitted, you will be unable to return to this part. an interest rate of $$10\%$$ per year and using an AW analysis, which alternative should be selected? he annual worth of installing solar cells is \$-_, and the annual worth of installing a new power line is \$- he alternative to be selected is