Bramble Company is considering investing in a new facility to extract and produce salt. The facility will increase revenues by $223,300. but it will also increase annual expenses by $163,443. The facility will cost $983,000 to build, and it will have a $23,000 salvage value at the end of its useful life. Calculate the annual rate of return on this facility. (Round answer to 2 decimal ploces, e9. 52.75.) \%