Blossom Corp. management is considering purchasing a machine that will cost $117,250 and will be depreciated on a straight-line basis over a five-year period. The sales and expenses (excluding depreciation) for the next five years are shown in the following table. The companys tax rate is 34 percent.

Year 2 $129,450 $176,875 Expenses $132,410 $121,488 Sales Year 1 (a1) Blossom will accept all projects that provide an accounting rate of return (ARR) of at least 45 percent. Accounting rate of return e Textbook and Media Calculate accounting rate of return. (Round answer to 1 decimal place, e.g. 15.2%.) Save for Later (a2) Year 4 $238,455 $259,440 $270,125 $140,289 $140,112 $138.556 Should the company accept the project? Year 3 Blossom should Year 5 the project. % Attempts: unlimited Submit