Ivanhoe Oil Company is considering investing in a new oil well. It is expected that the oil well will increase annual revenues by $$128,225$ and will increase annual expenses by $$85,000$ including depreciation. The oil well will cost $$446,000$ and will have a $$9,000$ salvage value at the end of its $10-$year useful life. Calculate the annual rate of return. $($Round answer to O decimal places, e$.$g$.13\%.)$