Question 1 Not yet answered QI (15 points) Mr. Petro wishes to open a new barber shop: he paid for the permits and certifications of $8,000 today, and is planning to rent a place for $5,000 per month. After 6 months his revenue will begin at $4,000 per month but will increase by $1,000 each month thereafter. Petro plans to sell his business when he retire for $3000. The interest rate is 12%. He plans to retire in 2 years Marked out of 15.00 Flag question a) What is the value of his expenses in this case