A company 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 for the company to mine?
A. Location 1
B. Location 2
C. Location 3
D. Location 4
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