17.2 please. The return on inverstment desired by the chemical company is 20%. Determine the venture profit.

17.1 In the design of a chemical plant, the following costs and rev- enues (in the third year of production) are projected: Total depreciable capital, excluding allocated $10,000,000 power Allocated power utility Working capital Annual sales Annual $ 2,000,000 $500,000 $ 8,000,000/yr $1,500,000lyr cost of sales excluding depreciation Assume the costs of land, royalties, and startup are zero. Determine (a) The return on investment (ROI) (b) The payback period (PBP) nt desired by the chem- ical company is 20%. Determine the venture profit