residual Toy World Products is considering producing toy action figures and sandbox toys. The products require aferent specialized machines, each costing 51.1 million. Each machine has a the year ite and value. The two products have different patterns of predicted net cash inflows FH (Click the icon to view the data) the sandbox toy project had a residual value of 1.200.000, would the ARR change? Explain and recalculate necessary Does this investment pass Toy World's ARR Calculate the sandbox toy projects ARR screeningute First, enter the formula then compute the ARR of the sandbox toy project Enter amounts in dollars, not millions Enter your answer as a percent rounded to two decal places) Accounting Average annual operating income from asset 1.100.000 i Data Table e di ve-ye Nou Year It pas 1...... ot Toy action Sandbox toy figure project project ......$ 317,750 $ 525,000 317,750 390,000 317,750 310,000 317,750 275,000 317,750 50,000 until ret 5. .... Total $ 1,588,750 $ 1,550,000 Toy World will consider making capital investments only if the payback period of the project is less than 3.5 years and the ARR exceeds 8%