Based on the following data, calculate the items requested: Buying Costs Rental Costs Annual rent Insurance Security deposit $ 7,430 Annual mortgage payments $ 9,900 (9,600 is interest) $ 150 Property taxes $ 1,800 $ 675 Down payment/closing costs $ 4,600 Growth in equity $ 300 $ 1,100 $ 1,750 Insurance/maintenance Estimated annual appreciation Assume an after-tax savings interest rate of 7 percent and a tax rate of 32 percent. Assume this individual has other tax deductions that exceed the standard deduction amount. a. Calculate total rental cost and total buying cost. (Do not round intermediate calculations. Round your answers to the nearest whole dollar.) Rental cost Buying cost