You are considering purchasing a machine that will initially cost $175,000.00. The machine is expected to last 6 years, and you project that you can sell the worn out machine at the end of 6 years for $58,000.00 Annual operating cash inflows and outflows are projected as follows, and are assumed to occur at the end of each year: Years 1 and 2, cash inflow $48,000.00, cash outflow expenses $25,000.00; Years 3 and 4, cash inflow $62,000.00, cash outflow expenses $27,000.00; and years 5 and 6, cash inflow $63,000.00, cash outflow expenses $31,000.00. 1. What is the calculated simple rate of return for this proposed investment