how do I find the average annual operating income from asset? and therefore find the accounting rate of return?

please show work so I can understand what I need to do. thank you!

Toy Universe Products is considering producing toy action figures and sandbox toys. The products require different specialized machines, each costing $1 million. Each machine has a five-year life and zero residual value. The two products have different patterns of predicted net cash inflows. (Click the icon to view the data.) Calculate the toy action figure project's ARR. If the toy action figure project had a residual value of $125,000, would the ARR change? Explain and recalculate if necessary. Does this investment pass Toy Universe's ARR screening rule? First, enter the formula, then compute the ARR of the toy action figure project (Enter amounts in dollars, not millions. Enter your answer as a percent rounded to two decimal places) Accounting Average annual operating income from asset Initial investment rate of return $ 1,000,000 % is considering producing toy action figures and sandbox toys. The products requi g $1 million. Each machine has a five-year life and zero residual value. The two p et cash inflows. wiew the data.) n figure project's ARR. If the toy action figure project had a residual value of $125, ecalculate if necessary. Does this investment pass Toy Universe's ARR screening i ther . Data Table TS, ound un pera TE Year Year 1 Year 2 Annual Net Cash Inflows Toy action figure Sandbox toy project project $ 332,000 $ 550,000 332,000 390,000 332.000 325.000 332,000 280,000 332,000 40,000 Year 3 .... Year 4 RE Year 5 $ Total 1.660.000 $ 1.585,000 Toy Universe will consider making capital investments only if the payback period of the project is less than 3.5 years and the ARR exceeds 8% Print Done