A commercial building design cost $9 1/square-foot to construct eight years ago (for an 77,000-square-foot building). This construction cost has increased 5.5% per year since then. Presently, your company is considering construction of a 130,000-square-foot building of the same design. The cost capacity factor is X = 0.91. In addition, it is estimated that working capital will be 4% of construction costs, and that project management, engineering services, and overhead will be 4.2%, 8%, and 30%, respectively, of construction costs. Also, it is estimated that annual expenses in the first year of operation will be $6/square foot, and these are estimated to increase 5.67% per year thereafter. The future general inflation rate is estimated to be 6.69% per year, and the market-based MARR ? 12% per year (im). Click the icon to view the interest and annuity table for discrete compounding when i = 12% per year. a. What is the estimated capital investment for the 130,000-square-foot building? - The estimated capital investment is $ 25.32 million. (Round to two decimal places.) b. Based on a before-tax analysis, what is the PW for the first 10 years of ownership of the building PW - $ million (Round to two decimal places.)