TB MC Qu. 24.90 A company is planning to purchase a machine... 12 A company is planning to purchase a machine that will cost $33,600 with a six-year life and no salvage value. The company uses straight-line depreciation. The company expects to sell the machine's output of 3,000 units evenly throughout each year A projected Income statement for each year of the asset's life appears below. What is the accounting rate of return for this machine? 2 points 0045:17 $103,000 Sales Costs: Manufacturing Depreciation on machine Selling and administrative expenses Income before taxes Income tax (35%) Net income $51,000 5,600 43,000 (99.600) $3,400 (1,190) $ 2,210