Watrous Company is considering the purchase of a new machine that will cost $252,000. This new machine will generate net cash inflows of $70,000 each year during its 10-year useful life and has an $8,000 salvage value at the end of the ten years. The machine currently in use can be sold for $12,000 if the new machine is purchased. Calculate the accounting rate of return on the new machine. In entering your answer in carmen, enter your answer as a number. For example, if your answer is 15% simply enter 15. Do not enter your answer as a decimal (i.e., .15) or put the percentage symbol after your