(similar Playtime Products is considering producing toy action figures and sandbox toys. The products require different specialized machines, each costing $1 million. Each machine has a five-year life and zero residual value. The two products have different patterns of predicted net cash inflows. Click the icon to view the data) Calculate the sandbox toy project's ARR. If the sandbox toy project had a residual value of $150,000, would the ARR change? Explain and recalculate it necessary. Does this investment pass Playtime's ARR screening rule? 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 decimal places.) Accounting rate of return Choose from any drop-down list and then click Check Answer Clear All Check Answer 5 parts remaining data.) x change? E bject's ARR. ent pass Pla Data Table compute the hter your ans Annual Net Cash Inflows Year Toy action Sandbox toy figure project project 1 $ 336,700 $ 525,000 2 336,700 375,000 3 4 336,700 336,700 336,700 325,000 275,000 50,000 5 $ 1,683,500 $ 1,550,000 Total Playtime will consider making capital investments only if the payback period of the project is less than 3.5 years and the ARR exceeds 8%. Print Done -down list and then click Check