2. React and Show Work: A mid-size town has approached you to develop a small amphitheater district with mixed-use retail and housing in a contained four-block area, about 16 acres. The town will acquire it at full cost upon completion, estimated resale value of $125 million at the end of four years from contract execution, including engineering, planning, and construction. You take on no projects for less than a 35% annualized return. Before you sign the contract, you obtain soft bids (ballpark estimates from your most trusted contractors) to see if the total cost will exceed your investment ceiling. What is the most you can invest in this project and realize a 35% annualized return? Show your work. You may use excel but show your process