A company is planning to purchase a machine that will cost $$32,400,$ will have a six$-$year life, and will have no salvage value. The

company expects to sell the machine's output of $3,000$ units evenly throughout each year. A projected income statement for each

year of the asset's life appears below. What is the accounting rate of return for this machine?

Multiple Choice

$50\mathrm{.}00\%$

$33\mathrm{.}33\%.$

$8\mathrm{.}21\%$

$5\mathrm{.}40\%.$

$23\mathrm{.}46\%.$