(Ignore income taxes in this problem.) Jason Corporation has invested in a machine that cost $66,000, that has a useful life of twelve years, and that has no salvage value at the end of its useful life. The machine is being depreciated by the straight-line method, based on its useful life. It will have a payback period of ve years. Given these data, the simple rate of return on the machine is closest to: Multiple Choice Q 9.2% 28.3% O O 11.7% C)