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Trident Office is considering remodeling the office building it leases to Robert Roberts, CPA. The remodeling costs are estimated at $ 2 2 5 ,

Trident Office is considering remodeling the office building it leases to Robert Roberts, CPA. The remodeling costs are estimated at $225,000. If the building is remodeled, Robert Roberts, CPA has agreed to pay an additional $75,000 per year in rent for the next five years. The discount rate is 10 percent. What is the benefit of the remodeling project to Professional Properties?

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