50.

A company is considering the purchase of a new machine for $48,000. Management predicts that the machine can produce sales of $16,000 each year for the next 10 years and will have a zero-salvage value. Expenses are expected to include direct materials, direct labor, and factory overhead totaling $9,600 per year plus depreciation expense of $4,000 per year. The company's annual income is $2,400. What is the accounting rate of return for the machine?

Group of answer choices

A) 8%.

B) 10%.

C) 13%.

D) 17%.