Indiana University is considering starting an Accounting Championship League in the Big 10. To start the league, IU would have to invest $25,000,000 to build a stadium, create a team, and market the new league to other Big 10 schools. IU believes it can generate annual revenue of $1,200,000 with an operating cost budget of about $250,000. IU currently has a RRR of 3.5% for all new projects. Comparable Big10 leagues generate approximately $3 of revenue for every $80 in assets. What is the (1) ROI and (2) Residual Income associated with the Accounting Championship League Project? (1) 3.5% ROI; (2) $875,000 Residual Income None of the provided solutions are correct. O (1) 4.8% ROI; (2) $635,000 Residual Income O (1) 1.0% ROI; (2) $325,000 Residual Income O (1) 3.8% ROI; (2) $75,000 Residual Income