i got 63% and its wrong .

812-5 (similar to) Question Help Toy Universe Products is considering producing toy action figures and sandbox toys. The products require different specialized machines, each costing $1 million Each machine has a five-year life and zero residual value. The two products have different patterns of predicted net cash inflows. (Click the icon to view the data.) Calculate the sandbox toy project's ARR. If the sandbox toy project had a residual value of $150,000, would the ARR change? Explain and recalculate if necessary. Does this investment pass Toy Universe's ARR screening rule? First, enter the formula, then compute the ARR of the sandbox toy project. (Enter amounts in dollars, not millions. Enter your answer as a percent rounded to two decimal places) Accounting Average annual operating income from asset Initial Investment rate of return / S 1,000,000 % oy action figures and sandbox toys. The products require different specialize infic i Data Table Inge? Annual Net Cash Inflows our an Year Toy action Sandbox toy figure project project 1.. $ 306,650 $ 550,000 2. 306,650 370.000 3 306,650 330,000 4 306,650 275,000 5 306,650 50,000 Total 1,533.250 $ 1.575,000 Toy Universe will consider making capital investments only if the payback period of the project is less than 3.5 years and the ARR exceeds 8% Print Done then mwen Clear All