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2. An engineering company purchases a new building with labs. The income and expences in the new facility are given below. The company assumes a

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2. An engineering company purchases a new building with labs. The income and expences in the new facility are given below. The company assumes a 10% profit margin/inflation rate. Determine the annual income for the 8 years. Year Income (SM) Expenses (SM) a. $3.20M b. $3.21M c. $3.22M d. $3.23M e. $3.24M f. $3.25M g. $3.26M h. $3.27M i. $3.28M j. $3.29M k. $3.30M 2. An engineering company purchases a new building with labs. The income and expences in the new facility are given below. The company assumes a 10% profit margin/inflation rate. Determine the annual income for the 8 years. Year Income (SM) Expenses (SM) a. $3.20M b. $3.21M c. $3.22M d. $3.23M e. $3.24M f. $3.25M g. $3.26M h. $3.27M i. $3.28M j. $3.29M k. $3.30M

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