The following data are accumulated by Lone Peak Inc. in evaluating two competing capital investment proposals:

Micro Tek Inc. is considering an investment in new equipment that will be used to manufacture a smartphone. The phone is expected to generate additional annual sales of 4,300 units at $225 per unit. The equipment has a cost of $359,900, residual value of $27,100, and an eight-year life. The equipment can only be used to manufacture the phone. The cost to manufacture the phone follows:

Cost per unit:
	Direct labor		$38.00
	Direct materials		149.00
	Factory overhead (including depreciation)		25.85
		Total cost per unit	$212.85

Determine the average rate of return on the equipment. If required, round to the nearest whole percent. %

Determine the expected average rate of return for each proposal. If required, round your answers to one decimal place.

3D Printer	%
Truck	%