If an alternative has an advance payment of $100,000 upon contract award and then quarterly payments of $20,000 for the next 3 years, what would the cash flow diagram look like? Select the correct choice from each pair of answers.
$100,000 EOY 1
$100,000 BOY 1
$80,000 MOY 1
$20,000 MOY 1
$80,000 MOY 2
$20,000 MOY 2
$80,000 MOY 3
$20,000 MOY 3