ou are the building and grounds maintenance manager for the regional headquarters building of Star Corporation. The buildings Furnace System needs to be replaced. Peter is a salesman for Kroner industries which specializes in making of natural gas furnaces. Peter has offered you the following choices. Choice L (Low efficiency furnace) Initial cost of furnace is $280,000 including complete installation. First year maintenance and heating cost (natural gas) is expected to be $70,500. It is expected to grow at 4.5% every year. Useful life is 20 years. Choice M (Medium efficiency furnace) Initial cost of furnace is $350,000 including complete installation. First year maintenance and heating cost (natural gas) is expected to be $61,100. It is expected to grow at 4.5% every year. Useful life is 20 years. Choice H (High efficiency furnace) Initial cost of furnace is $520,000 including complete installation. First year maintenance and heating cost (natural gas) is expected to be $50,000. It is expected to grow at 4.5% every year. Useful life is 20 years. Which furnace will you choose? Why? Explain. Use interest rate of 9.7% per year (that is the cost of capital for Star Corporation)