JAH Company is about to invest $$400,000$ in machinery and other capital equipment for a new product venture. Cash flows for the first three years are estimated as follows Year $1$ $$210,000,$ Year $2$ $$240,000$ and Year $3$ $$320,000.$ JAH Company evaluates projects using a discount rate of $17\%$ for projects of this type.

$($a$)$ Estimate the Average Rate of Return $($ARR$)$ for this project and advise whether this project would be taken on if management has a target ARR of $40\%.$

$($b$)$ Identify any two non$-$financial$/$qualitative factors that would need to be considered before making