3 Gina Coulson has just contracted to sell a small parcel of land that she inherited a few years ago. The buyer is willing to pay $24,000 now. Alternatively. 4 the buyer will make the series of payments shown in the following table, with each payment made at the beginning of the year. Because Gina doesn't 5 really need the money today, she plans to let it accumulate in an account that earns 7% annual interest. Mixed Stream Beginning of Year (0 Cash Flow (CE) $ 2,000 4,000 6.000 8.000 11 10,000 13 a. What is the future value of the lump sum at the end of year 5? (Show your work. Label S. No decimal places required.) 14 b. What is the future value of the mixed stream at the end of year 5? (Show your work. Label S. Two decimal places required.) 15 c Based on your findings in parts (a) and (b), which alternative should Gina take? 10