A couple plans to purchase a home for $320,000.Property taxes are expected to be $1200 per year while insurance premiums are estimated to be $1400 per year.Annual repair and maintenance are estimated at $1,950.An alternative is to rent a house of about the same size for $2,150 per month(approximate using $25,800 per year).If an 8.0% return before taxes is the coupl's minimum rate of return,what must the resale be 10 years from today for the cost of ownership to equal the cost of renting?Complete this question on excel showing workings