Toronto Hydro has two options for upgrading a hydro$-$electric power station to meet new government standards.

Option $1$: Toronto Hydro will make the upgrades themselves. This is expected to cost $$11,100$ at the end of each month for $12$ years. At the end of the operation $($in $12$ years$)$ Toronto Hydro expects to sell all equipment needed for the upgrade for $$103,000.$

Option $2$: Pay experienced contractors. This will cost $$36,000$ up front and $$13,200$ monthly for $12$ years.

Assume all interest is $2\mathrm{.}45\%$ compounded monthly.

Round the answers to NPV $($Option $1),$ and NPV $($Option $2)$ to the nearest dollar. Round all other answers to two decimal places where applicable.

$103000,103,000$