The table below provides 8 years of projected cash flows for a property that you have been asked to value using the discounted cash flow approach to income valuation. Calculate the net sale proceeds for this property if you sell it at the end of year 5 using the following assumptions: Going-in cap rate: 10% Going-out cap rate: 11% Discount rate: 15% Selling expenses: 10% of future selling price Year 1 Mara Mera Mera Hara Mars Marco Manz Year 2 Year 3 Year 4 Year 5 Year 7 Year 6 PGI $1,000,000 $1,030,000 $1,060,900 $1,092.727$1,125,509 $1,159,274$1,194,052 $1,229,874 EGI $900,000 $927,000 $954,810 $983,454$1,012,958 $1,043,347$1,074,647$1,106,886 NOI $450,000 $463,500 $477,405 $491,727 $506,479 $521,673 $537,324 $553,443 The table below provides 8 years of projected cash flows for a property that you have been asked to value using the discounted cash flow approach to income valuation. Calculate the net sale proceeds for this property if you sell it at the end of year 5 using the following assumptions: Going-in cap rate: 10% Going-out cap rate: 11% Discount rate: 15% Selling expenses: 10% of future selling price Year 1 Mara Mera Mera Hara Mars Marco Manz Year 2 Year 3 Year 4 Year 5 Year 7 Year 6 PGI $1,000,000 $1,030,000 $1,060,900 $1,092.727$1,125,509 $1,159,274$1,194,052 $1,229,874 EGI $900,000 $927,000 $954,810 $983,454$1,012,958 $1,043,347$1,074,647$1,106,886 NOI $450,000 $463,500 $477,405 $491,727 $506,479 $521,673 $537,324 $553,443