Acompany is researching mining at four different land areas using different types of equipment. the table below shows the costs of land, equipment, mining, and reclamation for the four locations: locations cost of land cost of equipment cost of mining and reclamation time taken to mine the area 1 $100,000 $10,000 $5,000 per day 30 days 2 $35,000 $6,000 $4,500 per day 45 days 3 $30,000 $7,500 $3,500 per day 120 days 4 $40,500 $8,000 $7,000 per day 65 days considering all costs, which location will cost the least to the company to mine?