A 2-story office building has 2 full-floor tenants with leases according to the table below The base rent for the 1 st floor increase by 3% annually and the 2 nd floor by 4% annually. Assume the vacancy rate has been accounted for. Each lease is also subject to an expense stop, as shown below. The leases provided that the expense stop increases $0.20 each year. Expenses are \$4.50/sqft in Year 0 and incease annually at the preceding year's inflation rate. Based on the following information, what are the tenants' total expense reimbursements in Year 1 (not \$/sqft, but total dollars; not rent, expense reimbursements)? Round to the nearest dollar (e.g., \$352,231). See 11/14/23 inclass worksheet answers