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A new piece of equipenent costs 530,000 . The cogrpany can get 51,000 for trading in their old machine. Follow is financial data relevant to the rhaw machine: $10,000 revenuc: 54,000 cash expenses; useful life 6 years; depreciation expense $1.500 per year. The simple rate of return is: 15.52% 15% 20.69% 20%