Heidari, Inc. is a multinational corporation based in Des Moines, Iowa United States. The budget for completing the facility and purchasing and installing the machinery is estimated to be $3.9 million (assume $3 million for the facility and $900,000 for machinery). It will have a net annual income cash flow of $850,000 for the next 10 years (gross income before taxes). Initially, they were planning to locate the facility near their US headquarters location where their combined incremental tax rate would be 30.48% (calculated from 21% Federal and 12% State). However, they have been approached by the Danish government and want to evaluate the option of building the facility in Denmark against their original plan of building in the US. Assume that the interest rate is 8% per year (or MARR for both countries).