Gemma Laureta wants to open a new factory in New Jersey. The company can either purchase or lease the factory. There are three options available for Gemma Laureta: More Info (Click the icon to view the options.) 1. Purchase a factory with a useful life of 25 years today for S650,000 in cash. This factory 2. Lease a factory with annual lease payments of $35,000 for 25 years. Payments are made 3. Purchase a factory with a useful life of 25 years today for $685,000. In addition, the Due has no additional space for at the beginning of each year company can rent some adcitional space for annual rent of $10,000. Assume rent. Interest is compounded annualy, which option should Gemma Laureta choose given a 4% interest rate? calculations. It using present and future value tables or the formula method, use factor amounts rounded to tive decim Present value Gemma Laureta would receive the rental payments at the end of each year Option 1 Option 2 Option 3 Gemma Laureta should select Print Done 7 because this cotion results in the l present value. Enter any number in the edit fields and then continue to the next