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Analyze the life cycle costs of interior finishes for a 5 , 0 0 0 square foot office space over a 2 0 - year

Analyze the life cycle costs of interior finishes for a 5,000 square foot office space over a 20-year period. Evaluate two options:a) high-quality, durable interior finishes with a 20-year lifespan costing $10 per square footb) standard finishes with a 10-year lifespan at $5 per square foot, noting that replacing standardfinishes incurs additional alteration costs of $2 per square foot every 10 years.Using a 5% annual discount rate, calculate the present value (PV) of the total cost for each option,including initial installation and any necessary replacement or alteration costs. Your calculation shouldspan the entire 20-year period to accurately reflect long-term financial implicatio

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