4. Use the "IT System & Justification Process" to analyze a service needed by the business assume a service that the organization needs or want to upgrade. 4. The company is facing an IT investment...

Extracted text: 4. Use the "IT System & Justification Process" to analyze a service needed by the business assume a service that the organization needs or want to upgrade. 4. The company is facing an IT investment decision to implement the proposed service (new or upgrade). The company must make a mutually exclusive choice between two different IT investment alternatives from IT system and justification process to implement the proposed service. Assume a discount rate of 15 percent. The initial cost and cash flow from the two projects are given in the table below: Alternative IAlterative 2 S60,000 S10,000 $40,000 S90,000 Project Initial cost Cash flow year 1 Cash flow year 2 Cash flow year 3 $45,000 S70,000 S20,000 $5,000