Lee made a nonrefundable deposit of his first month's rent to secure a two-year lease of Apartment A, whose monthly rent is $1000. Later, on the same day, Lee finds a Apartment B, which he likes just as well, but its monthly rent for a two-year lease is $M. Assume a nominal rate interest rate of 4% convertible monthly. The rent will be paid monthly and at the beginning of each month. (a) Write down the cash flow and compute the present value (to 2 decimal numbers) if Lee rents Apartment A for two years. (b) Find the value of M (to 2 decimal places) so that Lee is indifferent between staying with his two-year lease of Apartment A and switching to a two-year lease of Apartment B