Healthcare, Inc., is a non- dd a new building. He has start as soon as the contrad 21-21 Comparison of projects, no income taxes. (CMA, adapted) Fox Valley Healthcare profit organization. Jim Ruffalo, president of Fox Valley, has developed a plan to add a new hul selected a building contractor, Vukacek Construction Co. Vukacek is ready to start as soon a is signed and will complete the work in two years. The building contractor has offered Fox Valley a choice of three payment plans, as follows: Plan Payment of $200,000 at the time of signing the contract and $3,000,000 upon completion of the building. The end of the second year is the completion date. Plan Il Payment of $1,000,000 at the time of signing the contract and $1,000,000 at the end of each of the two succeeding years. Plan Ill Payment of $100,000 at the time of signing the contract and $1.000.000 at the end of each of the three succeeding years. ho has asked the treasurer, Lisa Monroe, for her assessment of the three payment plans. Fox Valley has required rate of return of 12%. 1. Using the net present value method, calculate the comparative cost of each of the three payment plans being considered by Fox Valley Healthcare. 2 Which payment plan should the treasurer recommend? Explain. 1 Discuss the financial factors, other than the cost of the plan, and the nonfinancial factors that Monroe should consider in selecting an appropriate payment plan. Required