Ll. 2.14 points eBook Print Refe rences Lights, Camera, and More sells lmmaking 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 $110,000 and therefore has the following payment options: Payment Payment in Total Today one Year Payment Option 1 $1191996 $ 6 $ 116, Bee Option 2 55J 896 66J 506 115, 568 Option 3 9 126J 568 126, 589 Required: 1-a. Assuming an annual discount rate of 10%, calculate the present value and the total cost. lFV of $_1, PV of $_1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.) Option'l $ 110,000_ $ 110,000.00