please answer this following question: You have been asked to value an industrial unit, suite 3 of 'Ignite' at Burleigh Heads, Queensland. Your assistant has located three comparable units and has assembled the following data:

W AutoSave O on H - U - EXAM D PROP11001 T123 Exam - Protected View . Saved v Search A Amber X File Home Insert Draw Design Layout References Mailings Review View Help Comments Viewing Share i PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Edit Suite Area (sqm) Rent ($pa) Outgoings ($pa) 2 194 38,800 2,134 6 170 35,700 1.870 16 108 23,760 1, 188 21 162 34,020 1,782 Subject 3 195 38,600 2, 145 Question 1 12 Marks Use two approaches to value the subject property. Your numerical work should be entered directly into the workings table below, with the approach description and assessment in the results table. Workings Sale price Area (sqm) 2 $940,000 194 6 $780,000 170 16 $594,000 108 21 $814,000 162 Subject 3 195 Page 3 of 9 Page 3 of 9 604 words Text Predictions: On " Focus + 100% 58.F Q Search 4:04 PM Mostly sunny CA ENG US 9/06/2023 1W AutoSave O on H - U - EXAM D PROP11001 T123 Exam - Protected View . Saved v Search A Amber X File Home Insert Draw Design Layout References Mailings Review View Help Comments Viewing Share PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing Results Valuation Approach 1: $ Approach 2: $ Adopted Value $ Question 2 8 Marks Which approach(es) should be adopted and why? Page 4 of 9 13 of 604 words Text Predictions: On " Focus + 100% 58.F 4:12 PM Mostly sunny Q Search ENG US 9/06/2023 1