Peter and Blair recently reviewed their future retirement income and expense projections. They hope to retire in 30 years and anticipate they will need funding for an additional 20 years. They determined that they would have a retirement income of ​$66 comma 000.00 in​ today's dollars but that they would actually need ​$94 comma 118.00 in retirement income​ (in today's​ dollars) to meet all of their objectives. a. What is their annual shortfall at retirement assuming inflation of 2 percent per​ year? Click on the table icon to view the FVIF​ table: LOADING.... b. At the time that they​ retire, how much additional amount must they have accumulated to fund their retirement​ needs, assuming 2 percent inflation and a rate of return of 8 ​percent? Click on the table icon to view the PVIFA​ table: LOADING.... c. Calculate the additional amount that Peter and Blair must save each year for the next 30 years if they wish to completely fund their income shortfall. Click on the table icon to view the FVIFA​ table: LOADING.... Question content area bottom Part 1 a. Their annual shortfall at retirement assuming inflation of 2 percent per year is ​$ enter your response here. ​(Round to the nearest​ cent.)