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lod 9 Homework 00 Skipped Harding Company is in the process of purchasing several large pieces of equipment from Donning Machine Corporation. Several financing alternatives

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lod 9 Homework 00 Skipped Harding Company is in the process of purchasing several large pieces of equipment from Donning Machine Corporation. Several financing alternatives have been offered by Denning: (FV of $1. PV of $1. FVA of $1. PVA of $1. FVAD of $1 ond PVAD of $0 (Use appropriate factor(s) from the tables provided.) 1. Pay $1,050,000 in cash immediately. 2. Pay $441,000 immediately and the remainder in 10 annual installments of $92,000, with the first installment due in one year 3. Make 10 annual installments of $154,000 with the first payment due immediately 4. Make one lump-sum payment of $1,710,000 five years from date of purchase. Required. Determine the best alternative for Harding, assuming that Harding con borrow funds at a 10% interest rate. (Round your final answers to nearest whole dollar amount) eerences Option 1 Option 2 Options Option 4 The best water ording

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