[The next 4 calculation questions are based on the following information: ] Shen Venture Capital LLC plans to invest $400,000 in a new company ABC. It is targeting a 58% annual return for five years from now. ABC is expected to generate a net income of $500,000 at year 5 . The price earnings multiple (PE) ratio of similar companies is 12times. [Calculation Question 1] What is the venture's exit value in year 5? a) $500,000 b) $5,000,000 c) $6,000,000 d) $4,800,000