Conners Inc. invests in a new factory that will generate the following income from the products it will generate: Product Revenues $400,000 Less Operating Expenses: Salaries 210,000 Maintenance 48.000 Depreciation 62,500 Insurance 40,000 260,500 Net Operating Income 39,500 Less Taxes 11,850 Net Income 27,650 The new factory investment assumptions are as follows: Equp Purchase Price $625,000 Salvage Value 0 Life (years) 4 Tax rate 30% Required Rate of Return 15% What is the investment's Return on Investment (ROI (round to nearest tenth of a percent)