John Doe Clothing Inc. is evaluating two capital investment proposals for a retail outlet, each requiring an investment of $$980,000$ and each with a $7-$year life and expected total net cash flows of $$1,225,000.$ Location $1$ is expected to provide equal annual net cash flows of $$175,000,$ and Location $2$ is expected to have th$/$e following unequal annual net cash flows:

$\backslash$table$[[$Year$,$Amount,Year,Amount$],[$Year $1,$$$175,000,$Year $5,$$$200,000$