Newport Corporation is considering investing $65,000 in equipment to produce a new product. The useful service life of the equipment is estimated to be ten years, with no salvage value. Straight-line depreciation is used. The company estimates that production and sale of the new product will increase net income by $6,500 per year. The expected rate of return on average investment in this equipment is: Multiple Choice 15%. O (0) O 20%. O 7.5%. (