Rena is the manager of a hotel chain's marketing department, and is considering a project that will cost $430,000 to implement. The project will last three years until it would be shut down, with a residual value of $47,000. The incremental operating income from this project is shown below. Year Incremental Operating Income 1 2 3 $59,000 $52,000 $33,000 Do not enter dollar signs or commas in the input boxes. Round your answer to 2 decimal places. Calculate the ARR for the project. ARR: %