please help will upvote!

Seloct Golf Products is considering whother to upgrade its equipment. Managers are considering two options. Equipment manufactured by Root inc, costs $960,000 and wal last five years and have no residual value. The Root equlpment wil generate annual operating income of $168,000. Equipenent manufactured by Piverbank Limited costs $1,200,000 and will remain useful for six years. It promises annual operating income of $238,800, and its expectod residual value is $110,000. Which equipment offers the higher ARR? First, enter the formula, then calculate the ARR (Accounting Rate of Retum) for both pieces of equipment. (Enter the antwer as a percent roundod to the nearest tenth percent. ) Accounting - rate of refum