calculate arr for both rouse and riverside please

Slice Golf Products is considering whother to upgrade its equipment. Managers are considering two options. Equipment manufactured by Rouse Ine. costs $1,200,000 and will last four years and have no residual value. The Rouse equipment will generate annual operating income of $198,000, Equipment manufactured by Riverside Limited costs $1,300,000 and will remain useful for five years. It promises annual operating income of $253,500, and its expected residual value is $100,000. Which equipment offers the higher ARR? First, enter the formula, then calculate the ARR (Accounting Rate of Return) for both pieces of equipment. (Enter the answer as a percent rounded to the nearest tenth percent.)