1. A retail company is considering the two mutually exclusive projects given in the following table.

   Year	Selling toys	Selling kitchenware
   0	-$350,000	-$300,000
   1	220,000	210,000
   2	275,000	220,000
   IRR	25%	28%

   Find the range of MARR for which the company would invest in selling kitchenware over selling toys with do-nothing alternative. (choose the closest range)

   		MAAR 28%
   		15% MAAR28%
   		MAAR25%
   		15% MAAR25%
   		None of the above