Your store sales average $150,000 per month. Your triple net lease has the
following monthly terms: rent is 4% of sales, insurance is $200,
maintenance is $125, utilities total $375, and taxes are $90. You expect
next year's sales to increase 6%, but your lease terms will remain the same.
Calculate next year's annual lease payment.
O a. $72,302
Ob. $85,800
c. $80,200
Od. $56,220