Consider the following mutually exclusive alternatives:
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Alternative A
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Alternative B
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Capital investment
Net annual receipts
|
$473,000
$104,100
|
$1,114,000
$235,000
|
Both alternatives have a useful life of 20 years and no market value at that time. The MARR is 20 % per year. Determine the annual worth (AW) of the most profitable course of action. (Enter your answer as a number without the dollar sign.)