You are a project manager for a tofu manufacturing company in town. Your boss asked you to consider two technological lines to double the production capacity of the company. The first one requires $1.20 million in initial investment and produces 165 kilograms (kg) of tofu per day. The second one requires $1.45 million of initial investment and produces 200 kg of tofu per day. Assuming the same service life of six years for both lines, a 5.3% annual interest rate and the price of tofu of $4.15/kg, which technology line should you recommend? NOTE: Show all your workings, i.e., assumptions, rationale, formulae, cash flow diagrams, etc., to get full credit