A company is planning to purchase a machine that will cost $33,600, 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? $ 103,000 $ 51,000 Sales Costs: Manufacturing Depreciation on machine Selling and administrative expenses Income 5,600 43,000 (99,600) $ 3,400 Multiple Choice O 33.33% d 5.60% O 6.58% 20.242 O O 50.00%