If you use excel please show formulas and I know there is an answer on chegg but I do not think it is right so please don't copy

A High Torque DC Motors manufacturer estimated that the permanent magnet component will cost $95,000 per year over the next 5 years. However, at year 1 the manufacturer spends $55,000 instead of $95,000. How much of a uniform increase each year is the manufacturer expecting for the cost of this part? Assume the company uses an interest rate of 10% per year. Draw the cash flow diagram