Walken Hardware is adding a new product line that will require an investment of $ $1$ comma $550$ comma $000.$ Managers estimate that this investment will have a$10-$year life and generate net cash inflows of $ $300$ comma $000$ the first$$ year, $ $295$ comma $000$ the second$$ year, and $ $235$ comma $000$ each year thereafter for eight years. The investment has no residual value. Compute the ARR for the investment.