Robichau Inc. reported the following results from last years operations:

Sales	$	6,300,000
Variable expenses		4,930,000
Contribution margin		1,370,000
Fixed expenses		803,000
Net operating income	$	567,000
Average operating assets	$	3,000,000

At the beginning of this year, the company has a $900,000 investment opportunity with the following characteristics:

Sales	$	1,530,000
Contribution margin ratio		30	% of sales
Fixed expenses	$	306,000

The companys minimum required rate of return is 20%.

Last year's return on investment (ROI) was closest to: