A company is planning to purchase a machine that will cost $24,000 with a six-year life and no salvage value. The company uses straight-line depreciation. The company expects to sell the machine's output of 3,000 units evenly throughout each year. A projected income statement for each year of the asset's life appears below. What is the accounting rate of return for this machine? 
Definitions:
Libido
A term often used to describe sexual drive or desire.
Freudian Theory
A set of psychoanalytic theories developed by Sigmund Freud that emphasize unconscious processes, childhood experiences, and defense mechanisms in shaping personality.
Psychic Energy
A Freudian concept referring to the power stemming from innate drives and used by the mind for psychological activities.
Reaction Formation
A psychological defense mechanism where an individual acts in the opposite way to their unacceptable impulses, often exhibiting exaggerated behavior.
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