Show all questions on ane page Finish review Question 2 Partly correct Mark 10 out of 6.00 P Fagovestion Estovesti Average Rate of Return Thompson Furniture is considering the purchase of equipment for $120.000. The equipment will expand the company's production and increase revenue by 320.000 per year. Annual cash operating expenses will increase by 57,000. The equipment's useful leis 10 years with no savage value Thompson uses straight line depreciation. The income tax rate is 35. What is the average rate of return on the investment? Do not use negative with your answers $ 2.000 come from investment applicable Round answer to the nearest whole percentate Average rate of return on investment