Harding Company is in the process of purchasing several large pleces of equipment from Danning Machine Corporation. Several financing alternatives have been offered by Danning: (FV of $1. PV of $1. FVA of $1. PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 1. Pay $1,080,000 in cash Immediately 2. Pay $481,000 Immediately and the remainder in 12 annual installments of $75,000, with the first installment due in one year . 3. Make 12 annual installments of $132,000 with the first payment due Immediately. 4. Make one lump-sum payment of $1,750,000 six 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