You have been given the following information on a project:

It has a 3-year lifetime

The initial investment in the project will be $28 million, and the investment will be depreciated straight line, down to a salvage value of $6 million at the end of the fourth year.

The revenues are expected to be $20 million next year and to grow 6% a year after that for the remaining two (0) years.

The cost of goods sold, excluding depreciation, is expected to be 53% of revenues.

The tax rate is 0.36.

Estimate the after-tax return on capital, by year, to find the average for the project. (Answer format is a zero, a decimal point, then 4 digits, for example 0.1234)