The manufacture of the XYZ product requires a chemical finishing process to satisfy the requirements of a 6-year contract established with one of the main clients of the ABC company. They're analyzing three options to be able to fulfill the contract. However, neither option 1 nor option 2 can be repeated at end of its original useful life (4 and 5 years respectively). For its part, option 3 is always available for subcontracting during the contract period. The detailed information of each of the options considered is:

Option 1 - National Team: It has an initial cost of $ 100,000, annual operating and labor costs of $ 60,000, with a useful life of 4 years and an estimated salvage value of $ 30,000 at the end of the fourth year. Option 2 - Imported Equipment: It has an initial cost of $ 125,000, annual operating and labor costs of $ 50,000, with a useful life of 5 years and an estimated salvage value of $ 45,000 at the end of the fifth year. Option 3 - Outsourcing: Total annual service cost of $ 95,000.

Describe each alternative available to the company and report the cash flows of each of them, the Annual Value Corresponding equivalent if the MARR established by the company is 20% per year, and detail the main assumptions in your evaluation and selection process to determine the best course of action to fulfill the 6-year contract.