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Abba, Inc is considering the purchase of some new equipment that costs $190,900. The new equipment is expected to increase revenues by $85,200 annually. Cash

Abba, Inc is considering the purchase of some new equipment that costs $190,900. The new equipment is expected to increase revenues by $85,200 annually. Cash expenses are expected to be $45,900 and depreciation expense is $10,700. The accounting rate of return of the equipment is ___%

Enter your answer as a whole number rounded to 2 decimal places. If your calculation is .1234, answer as 12.34

Please show your work! Thank you!!

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