Question: please help thank you 26) Martin Production Co. is considering investing in specialized equipment costing $975. equipment has a useful life of five years and

please help thank you 26) Martin Production Co. is considering investing

please help thank you

26) Martin Production Co. is considering investing in specialized equipment costing $975. equipment has a useful life of five years and a residual value of $75,000. Depreciation the straight-line method. The expected net cash inflows from the investment are given is calculated using below: Year 1 $275,000 Year 2 220,000 Year 3 200,000 Year 4 Year 5 200,000 180,000 $1,075,000 Compute the accounting rate of return on the investment, Show your calculations and round to two decimal places. (10 points)

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