A transit system is estimated to cost $2,000,000 with operating and maintenance costs starting at $28,000 per year (end of year 1), but increasing by 10% per year for the next 11 years (i.e. your total time period is 12 years). At the end of the 6th year, it is anticipated that new equipment and buses will be needed at a total cost of $3,000,000. Calculate the present worth of costs for this system if the rate of return is 9.5% per year. Please draw the conceptual cash flow diagram for this (you do not need to label all cash flow values, just the approximate shape of it).