Toy Universe 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 toy action figure project's ARR. If the toy action figure project had a residual value of $125,000, would the ARR change? Explain and recalculate if necessary. Does this investment pass Toy Universe's ARR screening rule? First, enter the formula, then compute the ARR of the toy action figure project. (Enter amounts in dollars, not millions. Enter your answer as a percent rounded to two decimal places.) Accounting rate of return = i Data Table Annual Net Cash Inflows Year 1......... ......... Toy action Sandbox toy figure project project 332,000 $ 510,000 332,000 370,000 332,000 300,000 332,000 275,000 332,000 40,000 $ 1,660,000 $ 1,495,000 .............. 5. ............ Total Choose from any drop-down list and ther Toy Universe will consider making capital investments only if the payback period of the project is less than 3.5 years and the ARR exceeds 8%