I need help with calculating Accounting rate of return for the following.

The company's average reported net income is $1,250,000.

The asset cost is $575,000

The machine is expected to have a 10 year useful life with no salvage value.

Straight-line depreciation is used.

The net cash inflow is expected to be $142,000 each year for 10 years.

The company uses a 12% discount rate in evaluating capital investments.