Lights, Camera, and More sells filmmaking equipment. The company offers three purchase options: (1) pay full cash today, (2) pay one- half down and the remaining one-half plus 10% in one year or (3) pay nothing down and the full amount plus 15% in one year George is considering buying equipment from Lights, Camera, and more for $65,000 and therefore has the following payment options. Payment Payment in Total Today One Year Payment Option 1 $65 , $ $65, eee Option 2 35,750 68,250 Option 3 74,750 74,750 32,500 Required: 1-a. Assuming an annual discount rate of 10%, calculate the present value and the total cost. (FV of $1 PV of $1. EVA of Si, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.) Present Value of Payment in One Year Total Present Value for Total Cost) Payment Today $ 65,000 32,500 Option 1 Option 2 Option 3 O