A company is considering purchasing a machine that costs $296000 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 $100000 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 20.95%. 16.89%. 41.90%. 8.45%. A company is considering purchasing factory equipment that costs $480000 and is estimated to have no salvage value at the end of its 8-year useful life. If the equipment is purchased, annual revenues are expected to be $149400 and annual operating expenses exclusive of depreciation expense are expected to be $39000O. The straight-line method of depreciation would be used. If the equipment is purchased, the annual rate of return expected on this equipment is 21.0%. 46.0%. 23.0%. 10.5%