PLEASE ANSWER NUMBERS 8-11. I WILL GIVE A THUMBS UP FOR ALL ANSWERS THANKS

8) Given the following information, determine the value of having an additional bathroom. Assume that the comparable properties are similar in all other attributes besides those listed in the table below. Comparable 1 Comparable 2 Comparable 3 Comparable 4 Time sold Today 1 year ago Today Today Bathrooms 1 1 2 2 Size 3500 sq.ft 3000 sq. ft. 3500 sq.ft 3000 sq. ft. $150,000 140,000 $160,000 $156,000 Sale price A) $4,000 B) $6,000 C) $10,000 D) $16,000 9) Suppose that an appraiser has just completed her analysis using the cost approach to valuation. She has determined that the market value of the subject property is $400,000. If the added value of the site land was $80,000 and accrued depreciation amounted to $50,000, what was the reproduction cost of the building? A) $270,000 B) $370,000 C) $430,000 D) $530,000 10) Given the following information, determine the final appraisal value of the subject property. Adjustments Market conditions -0.50% (per month) Lot size $25,000 (per acre) Effective age (years) $1,000 (per year) Living area (sq. ft) $45.00 (per sq. ft.) Bath $1,250 (per bath) Bedrooms $3,000 (per bedroom) Time sold Lot size (acres) Effective age (years) Living area (sq. ft) Bath Bedrooms Sale price Subject Property Today 0.83 8 2,197 3.5 Comparable Property 4 months ago 0.80 7 2.383 3.5 4 $287,000 4 A) $271,140 B) $272,640 C) $284,120 D) $289,380 11) Given the following information, calculate the effective gross income multiplier: sale price: $950,000; potential gross income: $250,000; vacancy and collection losses: 15%; and miscellaneous income: $50,000. A) 0.36 B) 0.30 C) 2.8 D) 3.6