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 $115,000 and therefore has the following payment options: Option 1 Option 2 Option 3 Payment Today $115,000 57,500 Payment in One Year 63,250 132,250 Total Payment $115,000 120,750 132,250 Required: 1-6. Assuming an annual discount rate of 12%, calculate the present value and the total cost (EV of St. 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 Present Value of Total Present Value Today Payment in One Year for Total cost) $ 115,000 $ os 115,000.00 57,600 Option 1 Option 2 Option 3