Harding Company is in the process of purchasing several large pieces of equipment from Danning Machine Corporation Several financing alternatives have been offered by Danning: (FV0 S1.PV of $1. EVA 0f 51. PVA 0f $1. EVAD. Of $1 and PVAD of 5.1 (Use appropriate factor(s) from the tables provided) 1. Pay S1130,000 in cash immediately 2. Pay $490,000 immediately and the remainder in 10 annual installments of $87,000, with the first installment due in one year. 3. Make 10 annual installments of $149,000 with the first payment due immediately 4 Make one lump sum payment of $1,660,000 five years from date of purchase. Required: Determine the best alternative for Harding, assuming that Harding can borrow funds at a 7% interest rate. (Round your final answers to nearest whole dollar amount) PV Option 1 Option 2 Option 3 Option 4 The best tomative for Harding