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 $420,000, an annual operating cost of $160,000, and a life of 3 years. Method 2 will have an initial cost of $520,000, an operating cost of $120,000 per year, and a 6-year life. Assume 15% salvage values for both methods. Lego uses an MARR of 12% per year. Which method should it select on the basis of a present worth analysis? The present worth of method is $ and that of method 2 is $ Method (Click to select) is selected