Muller's investment appraisal committee have worked out the Net Cash flows in the working shown below. Additional details of the project are also given below. Year 0 133,333.33 Year 1 29,783.33 Year 2 32,427.75 Year 3 35,300.47 Year 4 Year 5 38,421.06 46,310.75 Net Cashflows Additional Information a The cost of the machine is 133,333 with a residual value of 4,500 Muller prefer the straight-line method as a method of depreciation For capital investment projects ABC Ltd uses a discount rate of 10% and 20% for their IRR calculations. Muller use a template for their calculations and this can be found on the link below; Capital Budgeting Template (click to download) Calculate the annual depreciation and the Accounting Rate of Return (ARR) of the machine. Annual Depreciation= Choose... ARR= % Round off your answer to the nearest whole number with no % sign