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 $480,000, an annual operating cost of $110,000, and a life of 3 years. Method 2 will have an Initial cost of $580,000. an operating cost of $110,000 per year, and a 6-year life. Assume 9% salvage values for both methods. Lego uses an MARR of 11% per year. If the evaluation is incorrectly performed using the respective life estimates of 3 and 6 years, will Lego make a correct or incorrect economic decision? Explain your answer. The present worth of method 1 is $ and that of method 2 is $ Method (Click to select) w |is selected