A company is considering purchasing a machine that costs $248000 and is estimated to have no salvage value at the end of its 8-year useful life. If the machine is purchased, annual revenues are expected to be $90000 and annual operating expenses exclusive of depreciation expense are expected to be $38000. The straight-line method of depreciation would be used. If the machine is purchased, the annual rate of return expected on this machine is

A.20.97%.

B.41.94%.

C.16.94%.

D.8.47%.