Problem 3-12 A corporation is considering the purchase of an interest in a real estate syndication at a price of $80,000. In return, the syndication promises to pay $1,100 at the end of each month for the next 25 years (300 months). Required: a. If the interest in a real estate syndication is purchased, what is the expected internal rate of return, compounded monthly? (Do not your round intermediate calculations and round your final answer to 2 decimal places.) b. How much total cash would be received on the investment? (Round your final answer to the nearest whole dollar amount.) c. How much is profit and how much is return of capital? (Round your final answer to the nearest whole dollar amount.) % a. Expected internal rate of return b. Total cash receivable c1. Profit c2. Return of capital