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 $150,000 and therefore has the following payment options: Payment Payment in Total Today One Year Payment Option 1 $150,000 9 $ 150,000 Option 2 75,000 82,500 157,500 Option 3 172,500 172.500 rences Required: 1-a. Assuming an annual discount rate of 11%, calculate the present value and the total cost (FV of S1. PV of $1. FVA of St. and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.) Payment Today Present Value of Payment in One Year Total Present Value (or Total Cost) Option 1 Option 2 Option 3