Common area maintenance (CAM) is $2.25 per square foot in 2021 (based on a fully occupied property) and scheduled to rise by 3% each year thereafter. The CAM expense is 40% fixed. Vacancy in 2023 is projected to be 20%. What is the CAM expense projected to be in 2023? Excel $1.58 per SF $1.62 per SF $2.04 per SF $2.10 per SF 1 $2.20 per SF 24 Question 14 (1 point) Ah