The engineering team at Manuels Manufacturing, Inc., is planning to purchase an enterprise resource planning (ERP) system. The software and installation from Vendor A costs P380,000 initially and is...

Extracted text: The engineering team at Manuels Manufacturing, Inc., is planning to purchase an enterprise resource planning (ERP) system. The software and installation from Vendor A costs P380,000 initially and is expected to increase revenue P125,000 per year every year. The software and installation from Vendor B costs P280,000 and is expected to increase revenue P95,000 per year. Manuel's uses a 4-year planning horizon and a 10.5% per year MARR. Which ERP system should Manuel purchase? A) Vendor A B) Vendor B