Complete the following steps to determine a valuation using the VC Method. For this assume the following: A target return of 40% / year over 5 years (exit planned for November 2024). A sales multiple of 3x (use this for exit/terminal value They are raising $1,000,000 A. Calculate a projected revenue level for VirZOOM in 2024. Justify your calculation! I am not looking for detailed projections but you should use the information on the web site and in the pitch deck to justify your answer. Specifically, look for their 2019 revenues. Then look for their Pro Forma Financial Model 2020-2024 and look for ARR (annual recurring revenue). Use the figure they provide for November 2024 or adjust as you think appropriate (and justify your reasoning either way).