As the Building Manager of Drexler Industries, you are responsible for all aspects of building maintenance. You recently signed a 10-year contract with Portman Corporation to manage HVAC system for your firm. Under that contract, you will be billed for following three items.

Initial cost of brand-new HVAC system including installation, to be paid immediately $150,000.

System Maintenance: $15,000 per year, to be paid end of every year for 10 years.

Electricity/Natural Gas Costs: This will be billed annually and should be paid end of every year. it is forecast to be $12,000 in the first year and estimated to escalate at 5% per year thereafter.

Drexler uses an interest rate of 9.2% for their analysis. Determine the following:

a.) Drexlers Future Value Cost (measured at end of 10^th year) of HVAC system including utilities.

b.) Drexlers Present Value Cost of HVAC system including utilities.

c.) Drexlers Equivalent Uniform Annual Cost of HVAC system including utilities.