Please show work. I will upvote once the 3 are answered. Thank you in advance!

1- A potential investor is seeking to invest $1,000,000 in a venture, which currently has 1,000,000 million shares held by its founders, and is targeting a 40% return five years from now. The venture is expected to produce half a million dollars in income per year at year 5. It is known that a similar venture recently produced $1,000,000 in income and sold shares to the public for $20,000,000. What is the issue price per share?

		$0.8594
		$0.7520
		$0.3168
		$0.1584

2- Your firm has been in business for two years. In its first year, the firm ended with $227,000 of current assets, long-term assets of $143,000, $70,000 in surplus cash, current liabilities of $52,000, and long-term debt of $68,000. At the end of the second year, current assets were $279,000, long-term assets of $195,000, surplus cash of $90,000, current liabilities of $62,000, and long-term debt of $78,000. What is your firms change in net OPERATING working capital?

		$22,000
		$62,000
		$42,000
		$244,000
		$32,000

3-

1. A potential investor is seeking to invest $1,000,000 in a venture, which currently has 1,000,000 million shares held by its founders, and is targeting a 40% return five years from now. The venture is expected to produce half a million dollars in income per year at year 5. It is known that a similar venture recently produced $1,000,000 in income and sold shares to the public for $20,000,000. What is the pre-money valuation?

   		$859.4K
   		$752.0K0
   		$316.8K
   		$158.4K