1. (20 points) Suppose a group of cattle ranchers each have $100 to spend. The farmers can either purchase a steer for $100, and let it graze in a common grazing area, or they can buy a bond with the $100 which receives an interest rate of 6%. The table below gives the value of each steer after it has been grazing for one year. #of steers Mar.' alValue of This Steer _ _ _ _ _ a) (14 points) Fill in the two blank columns above