Question 14 A company is considering purchasing factory equipment that costs $320800 and is estimated to have no salvage value at the end of its 8-year useful life. If the equipment is purchased, annual revenues are expected to be $85000 and annual operating expenses exclusive of depreciation expense are expected to be $-28860. The straight-line method of depreciation would be used. If the equipment is purchased, the annual rate of return expected on this equipment is 022.99% O 10.00% O 14.00% O 27.99%