The objective of this project is to complete a full after tax economic analysis on the above described mutually exclusive alternatives. 1)Select the most profitable alternative based on net present worthanalysis2)With 1,000 unit (sensors) sold annually, determine the minimum acceptable price ($/unit) for each alternative to make your investment attractive. 3)At a unitary price of 350$ (Alt.1) and 650$ (Alt.2), determine your minimum sales target (number of sensors to be sold annually) for each alternative that makes your investment attractive. 4)Perform asensitivity analysisonthe MARR(Minimum Attractive Rate of Return)