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 $90,000 and therefore has the following payment options Option Option 2 Option 3 Payment Today $90,000 45,000 0 Payment in One Year $ 0 49,500 103,500 Total Payment $ 90,000 94.500 103,500 Required: 1-a. Assuming an annual discount rate of 12%, calculate the present value and the total cost. (FV of $1. PV of $1. EVA of 51, 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 of Total Cost) Option 1 Option 2 Option 3