! Required information Lego Group in Bellund, Denmark, manufactures Lego toy construction blocks. The company is considering two methods for producing special-purpose Lego parts. Method 1 will have an initial cost of $360000, an annual operating cost of $150000, and a life of 3 years. Method 2 will have an initial cost of $660000, an operating cost of $120000 per year, and a 6-year life. Assume 9.00% salvage values for both methods. Lego uses an MARR of 12.00% per year. Which method should it select on the basis of a present worth analysis? (Include a minus sign if necessary.) The present worth of method 1 is $ Method [2 is selected. and that of method 2 is $

Required information Lego Group in Bellund, Denmark, manufactures Lego toy construction blocks. The company is considering two methods for producing special-purpose Lego parts, Method 1 will have an initial cost of $360000, an annual operating cost of $150000, and o life of 3 years. Method 2 will have an initial cost of $660000, an operating cost of $120000 per year, and a 6 -year life. Assume 9.00% salvage values for both mothods. Lego uses an MARR of 12.00% per year. Which method should it select on the basis of a present worth analysis? (include a minus sign if necessary) The present worth of method 1 is $ and that of method 2 is \$ Method is selected