Exercise 13-6 Simple Rate of Return Method [LO13-6] The management of Ballard MicroBrew is considering the purchase of an automated bottling machine for $120,000. The machine would replace an old piece of equipment that costs $30,000 per year to operate. The new machine would cost $12,000 per year to operate. The old machine currently in use is fully depreciated and could be sold now for a scrap value of $40,000. The new machine would have a useful life of 10 years with no salvage value. Required Compute the simple rate of return on the new automated bottling machine. Simple rate of return Choose Denominator: Simple Rate of Return Choose Numerator: Simple rate of return