Crowl Corporation is investigating automating a process by purchasing a machine for $801,000 that would have a 9 year useful life and no salvage value. By automating the process, the company would save $137,000 per year in cash operating costs. The new machine would replace some old equipment that would be sold or scrap now. yield ng S O The annual depreciation on the new machine would be 8 O he simple rate of return on the investment is closest to (ignore income tax Multiple Choice 11.20% 16.80% 0616% 520%