Please solve. Thank you!

Rapp Hardware is adding a new product line that will require an investment of $1,454,000. Managers estmase that bis irvestrnent will have a 10 -year ife and generate net cash infows of $320,000 the first year, $200.000 the socond year, and $230,000 each year thereafter for eight yeart. Astume the project has no rosidual value. Compute the ARR for the investmant. Round to two places