Newport Corporation is considering the purchase of a rew piece of cquipment. The cost savings roen the equipment would result in an anneal increase in net cash flow of $259.360. The equipment will have an intitial cost of $1,240,000 and a 8 -year useful life with no expected salvage va:ue. What s the a ccounting rate of return? Multiple choice 4180% 12.500 20.90N 8.40F