Based on the following data, calculate the items requested: Rental Costs Buying Costs Annual rent $ 7,580 Annual mortgage payments $ 10,200 (9,675 is interest) Insurance $ 165 Property taxes $ 1,860 Security deposit $ 750 Down payment/closing costs $ 4,900 Growth in equity $ 525 Insurance/maintenance $ 1,250 Estimated annual appreciation $ 1,900 Assume an after-tax savings interest rate of 6 percent and a tax rate of 28 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.)