A car company currently has capital stock of $100 million and desires a capital stock of $110 million.

a.) If it experiences no depreciation, how much will it need to invest to get to its desired level of capital stock?

b.) If its annual depreciation is 5%, how much will it need to invest to get to its desired level?

c) If its annual depreciation is 10%, how much will it need to invest to get to its desired level?