Joseph Moore is evaluating a new ticketing system for his theater. The system will cost $366,200 and will save the theater $58,774 in annual cash operating costs. Joseph expects the new system to last 10 years, at which time the system will have a salvage value of $25,000. If Joseph purchases the new system, he will be able to sell his existing system for $14,000. (a) Calculate the accounting rate of return for the proposed ticketing system. Accounting rate of return %