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: (FV of $1. PV of $1. EVA of $1. PVA of $1. FVAD of $1 and PVAD of $0 (Use appropriate foctor(s) from the tables provided.) 1. Pay $1120.000 in cash immediately 2 Pay S401.000 immediately and the remainder in 10 annual installments of $90,000, with the first installment due in one year 3. Make 10 annual installments of $150,000 with the first payment due immediately 4. Make one lump sum payment of $1,670,000 five years from date of purchase. Required: Determine the best alternative for Harding, assuming that Harding can borrow funds at a 8% Interest rate (Round your final answers to nearest whole dollar amount) PV Option 1 Option 2 Option 3 Option 4 The best alternative for Harding