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thank you :) Charles's House of Music wants to purchase Transposelt, a system that transposes any song in its database and prints sheet music in

image text in transcribedimage text in transcribedthank you :)

Charles's House of Music wants to purchase Transposelt, a system that transposes any song in its database and prints sheet music in the requested key. This system allows singers to obtain sheet music in keys that are suitable to their vocal range. The software for the system costs $10,100; a new computer and a laser printer costing $3,900 will be needed to run the system. Charles estimates that the system will generate additional annual sales revenue of $23,700 and that annual cash expenditures will be $18,697. Charles uses straight-line depreciation. The software, computer, and printer will have a useful life of 5 years. The system will have a $185 salvage value at the end of its 5-year useful life. (a) Your answer is incorrect. Calculate the annual net operating income generated by the system. Annual net operating income $ (b) Calculate the accounting rate of return of the system. Accounting rate of return % e Textbook and Media

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