We have three options in replacing our fleet of vehicles. Option one is to use high-end vehicles that cost $95,000 dollars, require maintenance of $1,000 per year and have a salvage value of $68,000 after four years. Option two is to use mid-value vehicles that cost $70,000, require $1,800 in maintenance each year, and have a salvage value of $45000 after three years. Option three is to use low-value vehicles that cost $40,000, require maintenance of $3,000 per year and can be sold for $22,000 after two years of usage. Using a 6.9% cost of money please calculate the equivalent annual cost/charge for each option and recommend the best financial option. Assume year-end cash flows for simplicity. Equivalent annual charge for the high-end option_ Equivalent annualcharge for the mid-value option_ Equivalent annualcharge for the low-value option_ Which option should be chosen?_