Exercise 11-7 Accounting rate of return LO P2 A machine costs $700,000 and is expected to yield an after-tax net income of $30,000 each year. Management predicts this machine has a 9-year service life and a $140,000 salvage value, and it uses straight-line depreciation Compute this machine's accounting rate of return Accounting Rate of Return Choose Denominator: Choose Numerator: 1 1 Accounting Rate of Retum Accounting rate of return