Raas Hardware is adding a new product line that wall require an investment of $1,454,000. Managers estimate that this investment will have a 10 -year ife and generate net cash inflows of $300,000 the frat year, $280,000 the second year, and $260,000 nach year thereaftor for eghit years, Assume the projoct has no residual value. Compute the ARR for the investment. Round to hwo placea