Intro Office Simple is a real estate investment company that is interested in acquiring an office building (the target building). A similar office building in the same area (the comp building) recently sold for $58,000,000: Target building Value (S) Square feet Annual rent (5) Annual maintenance cost (S) Comp building 58,000,000 58,000 3,364,000 812,000 45,000 3,150,000 765,000 The company expects similar growth for and risk of rental income for both buildings Part 1 Attempt 1/3 for 10 pts. What is a value of the target building based on a multiple of net operating income (in S)? P+decimals Submit