Question 15 2 pts A retail tenant has negotiated an absolute net lease for 10,000 square feet of gross leasable area, payable at $11 per square foot. The percentage clause in the lease requires the tenant to pay as additional rent an amount equal to 4 percent of gross sales above the natural breakpoint in sales. Projected sales for year three of the projection are $3,000,000. How much overage rent will the tenant have to pay at the end of Year 3? O $250,000 $10,000 $2,750,000 $110,000