Logistics, Inc., a wholesale distributor, is considering the construction of a new warehouse toserve the southeastern geographic region near the AlabamaGeorgia border. There are threecities being considered. After site visits and a budget analysis, the expected income and costsassociated with locating in each of the cities have been determined. The life of the warehouse isexpected to be $12$ years, it will have a negligible salvage value, and MARR is $15\%/$year$.$City Initial Cost Net Annual IncomeLagrange $$1,260,000$ $$480,000$Auburn $$1,000,000$ $$410,000$Anniston $$1,620,000$ $$520,0004($a$)$ What is the annual worth of each site?$4($b$)$ What is the decision rule for determining the preferred site based on annual worthranking?$4($c$)$ Which city should be recommended?