QS 24-7 (Algo) Accounting rate of return LO P2 Peng Company is considering buying a machine that will yield income of $2,400 and net cash flow of $13,500 per year for three years. The machine costs $45,300 and has an estimated $12,000 salvage value. Compute the accounting rate of return for this investment. Numerator: Accounting Rate of Return Denominator: Accounting Rate of Return = Accounting rate of return