Blossom Oil Company is cossidering irvesting in a new oil well. It is expected that the oil well will increase annual revenues by $122,610 and will increaseSnnual expenses by $72,000 including depreciation. The oll well will cost $471,000 and will have a $11,000 salvage value at the end of its 10 -year useful life. Calculate the annual rate of return. (Round answer to 0 decimal places, es, 13\%K) Annual rate of return 8