QUESTION 7 1 points Save Answer Assume that you have negotiated extensively to purchase a training facility. The seller has agreed to sell you the facility for an EBITDA multiple of 8 times the average EBITDA for the past three years and an earn-out 8 times 50% of the earnings in excess during the next three years that exceed the average of the past three years. Assume that the last three years EBITDA averaged $200,000 and the earnings are expected to increase by 10% per year (compounded each year) for the next three years. What will the total cost of the business be including the initial purchase price plus the earn-out? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I US Paragraph Arial 14px MIT