Q1. You buy and sell mobile phones. Someone is offering you a chance to buy their used phone. They are willing to sell their used I-phone 12 to you for $ 600. The screen is broken. To repair, it would cost you $ 200. Because of the supply chain crunch, you can only order materials in next year (year 1). Once you repair it, you would be able sell the phone for $ 1,000 (year 1). Would you undertake this project? (Ignore time value of money)