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$[$The following information applles to the questions displayed below.$]$

Project $Y$ requires a $$343,500$ investment for new machinery with a slx$-$year life and no salvage value. The project ylelds

the following annual results. Cash flows occur evenly within each year. $($PV of $$1,$ FV of $$1,$ PVA of $$1,$ and FVA of $$1)($Use

appropriate factor$($s$)$ from the tables provided.$)$

Compute Project $Y\text{'}$s accounting rate of return.