rayback, Accounting Rate of Return, Net Present Value Internal Rate of Return Blaylock Company wants to buy a numerically controlled (NC) machine to be used in producing specially machined parts for manufacturers of trenching machines. The outlay required is $800,000. The NC equipment will last five years with no expected salvage value. The expected after-tax cash flows associated with the project follow: Year Cash Revenues $1,300,000 1,300,000 1,300,000 1,300,000 1,300,000 Cash Expenses $1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 Required: Compute the NC equipment's ARR. Enter as a percent and round your answer to one decimal place Accounting rate of return 30 X % 7 Check My Work Check My Work more Check My Works remaining All work saved Email Instructor Save and Ext Submit Assignment for Grading OP