Case 4: A company is evaluating 2 different pieces of equipment looking to minimize tax liability over a 3-year study period. Both pieces of equipment will provide an additional $100,000 per year in gross income. Both pieces of equipment have a MACRS depreciable life of 5 years. The company uses an effective tax rate of 35%. Based on the taxes associated with this equipment, which option should be purchased? (Note: A comparison table has been provided for assistance but is not required for this problem.) Comparison Tables (Optional) Option 1 Option 2