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 Year 1 Year 2 Year 3 Year 4 Year 5 Net Cashflows - 123,750.00 29,750.00 32,609.38 35,737.11 39,158.29 45,650.32 Additional Information The cost of the machine is 123,750.00 with a residual value of 2,750 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= Answer 1 Choose... ARR=Answer 2 % Round off your answer to the nearest whole number with no % sign