Fielding Hardware is adding a new product line that will require an investment of $1,530,000. Managers estimate that this investment will have a 10 -year life and generate net cash inflows of $310,000 the first year, $295,000 the second year, and \$255,000 each year thereafter for eight years. The investment has no residual value. Compute the ARR for the investment. Fielding Hardware is adding a new product line that will require an investment of $1,530,000. Managers estimate that this investment will have a 10 -year life and generate net cash inflows of $310,000 the first year, $295,000 the second year, and \$255,000 each year thereafter for eight years. The investment has no residual value. Compute the ARR for the investment