A company is considering purchasing factory equipment that costs \\( \\$ 470000 \\) and is estimated to have no salvage value at the end of its 5-year useful life. If the equipment is purchased, annual revenues are expected to be \\( \\$ 161000 \\) and annual operating expenses. exclusive of depreciation expense are expected to be \\( \\$ 20000 \\). The straight-line method of depreciation would be used. If the equipment is purchased, the annual rate of return expected on this equipment is \beginarrayl30.00