Assume that Walmart inc. has decided to surface and maintain for 10 years a vacant lot next to one of its stores to serve as a parking lot for customers. Management is considering the following bids tnvolving two different quallties of surfacing for a parking area of 11,100 square yards. Bid A: A surface that costs $6.00 per square yard to install. This surface will have to be replaced at the end of 5 years. The annual maintenance cost on this surface is estimated at 25 cents per square yard for each year except the last year of its service. The replacementsurtace wil be similar to the initial surface. Bid B: A surface that costs $10.25 per square yard to install. This surface has a probable usefullife of 10 years and will require annual maintenance in each year except the last year, at an estimated cost of 11 cents per square yard. Click here to view factor tables: Compute present value of the blds, You may assume that the cost of capital is 11%, that the annual maintenance expenditures are incurred at the end of each year, and that prices are not ecpected to change during the next 10 years. (Round foctor volues to 5 decimol places, es. 1.251.24 and finat answer to 0 dectmat ptaces, es. 458,581.) Present value of outflows for BidA \$ Present value of outfiows for Bid B $