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1. Rustic Corporation bought a new machine for $360,000. The machine has an estimated useful life of 12 years with no salvage value and a

1. Rustic Corporation bought a new machine for $360,000. The machine has an estimated useful life of 12 years with no salvage value and a return on investment (ROI) of18%, ROI is computed using annual cash flows and straight-line depreciation. What is the annual cash flow using the gross book value method? A. $86,200 B. S38,400 C. $94,800 D. $64,600

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