Toyland 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 sandbox toy project's ARR. If the sandbox toy project had a residual value of $175,000, would the ARR change? Explain and recalculate if necessary Does this investment pass Toyland's ARR screening rule? First, enter the formula, then compute the ARR of the sandbox toy project. (Enter amounts in dollars, not millions. Enter your answer sa percent munded to two decimal places.) Average annual operating income from asset Initial investment 306000 1,000,000 Accounting rate of return 31 more holn Clear all Final check