Jay is the marketing manager of a successful company. Due to Jay and the marketing team's efforts the company has delivered a return on capital of 34%, in comparison to an industry standard of 25%.Jay's salary is R900000 p.a and the marketing department payroll is R2.25m. It will take 3 years to get Jay's replacement to the same level. Jay is highly paid in the industry and the company does not expect to have to pay the replacement more. Advertisement and recruitment cost is expected to be R180000, and the relocation cost of the replacement is estimated at R120000. The company's average net profit per annum over the last 5 years was R6m.Using the Valuation template, determine the Total Value of the Jay.