A small shop was recently let on a 6-year lease at a net r ent of $10,000 per month for the first3 years and $11,000 net per month for the remain ing years. The current market rental value of the shop s $12,000 net per month. The f eehold interest rate for a similar property is 7% and the sinking fund rate is 3% per ann um. Please advise on the capital value of the freehold and leasehold interest of the shop