Hard tiat Company is in the process of purchasing several large pieces of equipment from Machine Corporaton. Severat financing atematives have been offered by Machine: 2 Pay $450,000 immediately and the remainder in 10 annual instaltments of $83,000, with the first installment due in one year. 1. Pay $1,000,000 in cash immedlately. 3. Make 10 annual instaliments of $145,000 with the first payment due immediately. 4. Make one lump-sum payment of $1,620,000 tive years from date of purchase. Determine the best alternative for Hard Hat, assuming that Hard Hat can borrow funds at a(n) 10% interest rate: Note: Round your flnal answers to nearest whole dollar amount. Use tables, Excel, or a financlal calculator. (FV of \$1. PV of \$1. EVA Aequired: of 51. PVA of S1. EVAD of S1 and PVAD of \$11