Exercise 24-7 Accounting rate of return LO P2 A machine costs $600,000 and is expected to yleld an after-tax net Income of $23,000 each year. Management predicts this machine has a 12-year service life and a $120,000 salvage value, and it uses stralght-ine depreciation. Compute this machine's accounting rate of return Accounting Rate of Return Choose Numerator: Choose Denominator: - Accounting Rate of Return Accounting rate of return