Assume that you are thinking about starting your own small business. You have made the following estimates regarding this opportunity You can rent a location for your business at a cost of $36,000 per year. The equipment costs incurred to start the business would total $250,000. The equipment would have a 5-year useful life and a salvage value of $25.000 Your company's estimated sales per year would equal $350.000 and its variable cost of goods sold would be 30% of sales Other operating costs would include $65,000 per year in salaries, $4,000 per year for insurance, $25.000 per year for utilities, and a 3% sales commission The simple rate of return for this investment opportunity is closest to O 17.0%. 12.9% O 19.2% 23.8%