Steel Hat Corporation manufactures metal hard hats for on-site construction workers. Recently, management has tried to raise productivity to meet the growing demand from the real estate industry. The company is now thinking about buying a new stamping machine. Management has decided that only capital investments that yield at least a 14 percent return will be accepted. The new machine would cost $650,000, revenue would increase by $120,400 per year, the residual value of the new machine would be $65,000, and operating cost increases (including depreciation) would be $50,000. Using the accounting rate-of-return method, decide whether the company should invest in the machine. Show computations to support your decision. (Round percentages to one decimal place.)