Playland Products is considering producing toy action figures and sandbox toys. The products require different specialized machines, each costing $1 milion. Each machine has a five-year life and zero residual value. The two products have different patterns of predicted net cash inflows (Click the icon to view the data.) Calculate the sandbox toy project's ARR. If the sandbox toy project had a residual value of $225,000, would the ARR change? Explain and recalculate if necessary. Does this Investment pass Playland's ARR screening rulo? First, enter the formula, then compute the ARR of the sandbox toy project. (Enter amounts in collaro, not millions. Enter your answer as a percent rounded to two decimal places Accounting Initial investment Total cash inflows rate of retum 1,000,000 343000 2.92 if the sandbox toy project had a residual value of $225,000, would the ARR change? Explain and recalculate if necessary If the sandbox toy project had a $225,000 residual value, the ARR change The restul value would cause the yearly to which will cause the average annual operating income from the investment to (Enter your answer as a percent rounded to two decimal places) The ARR of the sandbox toy project with a residual value of $225,000 would be Choose from any list or enter any number in the input fields and then continue to the next question Annual Net Cash Inflows Toy action figure Sandbox toy project project Year Year 1 ... $ 343,000 $ 520,000 Year 2 343,000 375,000 Year 3 343,000 325,000 Year 4 343,000 343,000 230,000 40,000 Year 5 $ Total 1,715,000 $ 1,490,000 Playland will consider making capital investments only if the payback period of the project is less than 3.5 years and the ARR exceeds 8%