Exercise 11-7 Accounting rate of return LO P2 A machine costs $500,000 and is expected to yield an after-tax net income of $19,000 each year. Management predicts this machine has a 12-year service life and a $100,000 salvage value, and it uses straight-line depreciation Compute this machine's accounting rate of return Choose Numerator: Accounting Rate of Return Choose Denominator: Accounting Rate of Return Accounting rate of return =