(2): The Consolidated Oil Company must install antipollution equipment in a new refinery to meet federal clean-air standards. Four design alternatives are being considered, which will have capital investment and annual operating expenses as shown below. Assuming a useful life of 10 years for each design, no market value, a desired MARR of 12% per year, determine which design should be selected on the basis of the PW method. Confirm your selection by using the FW and AW methods. Design Capital Investment Annual Expenses D1 $600,000 $780,000 D2 760,000 728,000 D3 1,240,000 630,000 1,600,000 574,000