=50) 1. SeleQtions is having a 40-room roadside motel and it expects its occupancy in 2020 to be 75%. The capital invested in the motel is $1,280,000 and the owners expect an after-tax net profit of 14%. The tax rate is 30%. From vending machines and parking charges, they expect to make about $65,000 in 2020. The direct expenses of running the rooms are expected to be $400,000, while the overhead expenses for 2016 are expected to be as follows: Administration and general expenses - $225,000 Sales and marketing expenses - $68,000 Interest - $75,000 Depreciation - $150,000 Insurance - $ 64,000 Other expenses - $155,000 Based on this information, What should be the ADR of the SeleQtions in 2020