For the Fill in the Blanks questions, please upload a file which includes the blank number and its answers. D Question 24 Quarter 1 2 3 Lots per quarter 8 8 8 Sale price per lot $158,000 $165,900 $174.195 Estimated revenue $1,264,000 $1,327,200 $1,393,560 Less estimated expenses Develoment costs $400,000 $400,000 $400,000 Real estate taxes $4.000 $4,000 $4,000 $0 Sales commission SO $0 $0 $0 $0 Advertising, etc $0 $0 Entrepreneurial incentive $0 $404,000 Total expenses $404.000 $404,000 3 Net cash flow Present value Discounted at 12% Present value of land