Homework: Chapter 12 Homework (Sp 22) O Points: 0 of 1 Save Select Golf Products considering whether to upgrade equipment, Managers are considering two options Equipment manufactured by Richland Inc. costs $850,000 and will last five years and have no residual value. The Richa will generate annual operating income of $161.500 Equipment manufactured by Riverside Limited costs $1,350.000 and will remain useful for six years it promises armal operating income of $240.750, and its expected residual value is $100,000 Which amant offers the higher A First, enter the formula then calculate the APR (Accounting Pts of tum for both preces of equipment (er the era a percent rounded to the rest teh percent) Help me solve this Video Get more help. Accounting MacBook Pro Clear all Check answer