A company is planning to purchase a machine that will cost $24,600, will have a six-year life and will have no salvage value. The company expects to sell the machines output of 3,000 units evenly throughout each year. A projected income statement for each year of the assets life appears below. What is the accounting rate of return for this machine? Sales $91,000, Manufacturing $52,100; Depreciation on machine 4,100; Selling and administrative expenses 31,000 (87,200); Income $3,800