Exercise 24-7 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 11-year service life and a $140,000 salvage value, and it uses straight-ine depreciation. Compute this machine's accounting rate of return. Accounting Rate of Return Choose Denominator Accounting Rate of Return Accounting rate of return Choose Numerator