use engineering economics formulas and provide hand written solutions please

need answers asap

Question 8 (Total Marks =8 marks ) Jason is planning to start a grass cutting company. He has mixed feelings with competing pieces of advice given by his high-school friend and his uncle. His high-school friend, Timmy, advises him to purchase a Hitachi brand Brushcutter with a purchase price of $1250. The maintenance cost on this Brushcutter is $35 for the 1st year but increases by $10 per year. On the other hand, Uncle Peter, is suggesting that he purchase a Victor brand Lawn Mower at a price of $1500. The maintenance costs for the Lawn Mower are $15 for the 1st year but increases by $7 per year. Jason plans to keep the car for 7 years. No debt is taken for the purchase. Based on the Total Cost of Ownership (Purchase \& Maintenance) and a fixed bank interest rate of 8.5%, calculate whose advice should he follow (cheaper option)? Draw the corresponding Cash Flow Diagrams for the two options