Beta Corporation is considering investing in one of two machines - Machine A or MachineB. The initial cost is $6,500,000 and $5,000,000 respectively for each project. The profits after tax and depreciation are shown below.

Year	Machine A	Machine B
	$	$
1	1 000 000	1 400 000
2	1 300 000	1 600 000
3	1 300 000	1 600 000
4	1 200 000	1 600 000
5	1 200 000	1 200 000
6	1,400,000	1,000,000
Total	7,400,000	8,400,000

Required:

1. Calculate the average profits for each project.
2. Calculate the average capital for each project.
3. Calculate the Accounting Rate of Return (ARR) on initial capital for each project.
4. Calculate the Accounting Rate of Return (ARR) on average capital for each project.