PLEASE Answer PARTS A,B,C,D,. PLEASE ANSWER CORRECTLY CHECK WORK PLEASE OR ASK ME BEFORE SUBMISSION THIS IS VERY IMPORTANT. thank you!!

Small City currently has 1,176,000 square feet of office space, of which 882,000 square feet is occupled by 3,000 employees who are mainly involved in professional services such as finance, insurance, and real estate. Small City's economy has been fairly strong in recent years, but employment growth is expected to be somewhat lower during the next few years, with projections of an increase of just 104 additional employees per year for the next three years. The amount of space per employee is expected to remain the same. However, a new 50,400 square foot office bullding was started before the recession and its space is expected to become available at the end of the current year (one year from now). No more space is expected to become avallable after that for quite some time. Required: a. What is the current occupancy rate for office space in Small City? b. How much office space will be absorbed each year for the next three years? c. What will the occupancy rate be at the end of each of the next three years? d. Based on the above analysis, do you think it is more likely that office rental rates will rise or fall over the next three years? Answer is not complete. Complete this question by entering your answers in the tabs below. What is the current occupancy rate for office space in Small City? Required: a. What is the current occupancy rate for office space in Small City? b. How much office space will be absorbed each year for the next three years? c. What will the occupancy rate be at the end of each of the next three years? d. Based on the above analysis, do you think it is more likely that office rental rates will rise or fall over the next three years? Answer is not complete. Complete this question by entering your answers in the tabs below. How much office space will be absorbed each year for the next three years? Required: a. What is the current occupancy rate for office space in Small City? b. How much office space will be absorbed each year for the next three years? c. What will the occupancy rate be at the end of each of the next three years? d. Based on the above analysis, do you think it is more likely that office rental rates will rise or fall over the next three years? Answer is not complete. Complete this question by entering your answers in the tabs below. What will the occupancy rate be at the end of each of the next three years? (Do not round intermediate calculations, Round your-final answers to 2 decimal places.) Required: a. What is the current occupancy rate for office space in Small City? b. How much office space will be absorbed each year for the next three years? c. What will the occupancy rate be at the end of each of the next three years? d. Based on the above analysis, do you think it is more likely that office rental rates will rise or fall over the next three years? Answer is not complete. Complete this question by entering your answers in the tabs below. Based on the above analysis, do you think it is more likely that office rental rates will rise or fall over the next three years