Westerville Company reported the following results from last years operations:

Sales	$	1,500,000
Variable expenses		500,000
Contribution margin		1,000,000
Fixed expenses		700,000
Net operating income	$	300,000
Average operating assets	$	1,000,000

This year the company has a $200,000 investment opportunity with the following cost and revenue characteristics:

Sales	$	300,000
Contribution margin ratio		60	% of sales
Fixed expenses	$	132,000

The companys minimum required rate of return is 10%.

Required:

If the company pursues the investment opportunity and otherwise performs the same as last year, what margin will it earn this year? (Round your answer to 1 decimal place.)