The Big Bun Company (BBC) is considering the installation of a new bun baking system that costs $245,000. This system is expected to save BBC $40,000 per year in labor costs for the next 15 years. Maintenance costs are expected to average $7,000 per year. Use straight-line depreciation and assume no salvage value. The total income tax rate is 34%. State below the after-tax rate of return for this project.