Need help with option B. I cant figure out the Present value (PV) and Furure value (FV) of rhe initial purchase cost done in year 5. what are the values you use for the excel functions PV and FV.

i know the answer for pv is $20962 and fv is $29400

thank you

Two compressor options are available. Option A: Compressor costs $60,000 with a 10-year life expectancy, annual maintenance cost $2,200 and a salvage value of $12,000. Option B: Compressor costs $32,000 with a 5-year life expectancy, annual maintenance cost $2,600 and no salvage value. Buy a second compressor in year 5. Present Value of option B Prot P Nper (per Year) (years) 32,000.00 Initial purchase cost (at time zero): $ Initial purchase cost (year 5) Annual maintenance costs: Salvage Value: Pyw $20,962 FV-$29.400) 9 $(2,600.00) $16.940 $0.00 Total PV: $ 48,939.60