Toyland Products is considering producing toy action figures and sandbox toys, The products require different specialized machines, each costing $1.1 million. Each machine has a five-year life and zero residual value, The two products have different pattems of predicted net cash infiows Ell (Click the icon to view the data.) Calculate the toy action figure projects ARR. I the toy action figure project had a residual value ot $225,000, would the ARR change? Explain and recalculate if necessary. Does this investment pass Toyland's ARR screening rule? First, enter the formula, thei compute the ARR of the toy aclion figure project. (Enter arnounts in dollars, not rillions. Enter your answer as a percernt rounded to two decimal places.) : rate of return Data Table Annual Net Cash Inflows Year Toy action Sandbox toy project figure project 336,700 S 336,700 336,700 336,700 336,700 520,000 360,000 310.000 270.000 50.000 1,683,500 S 1,510,000 Tolal Toyland will consider making capital investments only if the payback period of the project is less than 3.5 years and the ARR exceeds 8% Print Done