Question 3 (8 points} The Province of Nova Scotia is considering building a new highway. In order to do so, it needs to expropriate certain property. Erin owns a home in the center of the proposed highway, which she values at $100,000. Maddie owns a piece of bare land adjacent to Erin's property, which she values at $75,000. Jamie has a sail boat on his property, which he values at $25,000, and his home that he values at $150,000. David's home is located next to Jamie's property, which he values at $120,000. David also has a strip of land which he leases to the Town of Lunenburg, next to Maddie's, which generates a rental stream of $250 per month and which he values at $60,000. If the FMV of Erin's property is $75,000; Ifthe FMV ofJamie's property and sailboat is $90,000 and $30,000, respectively; Ifthe FMV ofMaddie's property is $80,000 Ifthe FMV ofDavid's property is an aggregate of $200,000, $100,000 of which is allocated to the home; then (A) calculate the minimum cost to the government to expropriate the properties to build the highway. (2 points} (B) a year has passed and Maddie built her home on the land which she values at $400,000. The FMV of the property is now $350,000. What is the minimum amount society would have to value the highway in order to proceed with the project? (2 points)