Buxton Trout Farm is considering an expansion plan. The following information is given: Expansion Plan Initial Investment Outlay Operating annual cash inflows Operating annual cash outflows Annual Depreciation Estimated Life (years) Estimated residual value Required rate of return $ 700,000.00 $ 340,000.00 $ 160,000.00 $ 1. Calculate the average profit (1 mark) A. $49,500 B. $180,000 C. $169,500 D. $60,000 120,000.00 5 $100,000 8% 2. Calculate the average investment (1 mark) A. $350,000 B. $400,000 C. $300,000 D. $450,000 3. The Return on Average Investment (RAI or ARR) for the plan above is closest to? (1 mark) A. 14.14% B. 45% C. 15% D. 12.38% 3. The net cash-flow for year 5 is (1 mark) A. $340,000 B. $180,000 C. $280,000 D. $160,000 T