Tithe Corporation is contemplating purchasing equipment that would increase sales revenues

Tighe Corporation is contemplating purchasing equipment that would increase sales revenues by $420,000 per year and cash operating expenses by $231,000 per year.
The equipment would cost $747,000 and have a 9 year life with no salvage value. The annual depreciation would be $83,000. The simple rate of return on the
investment is closest to:
25.3%
11.1%
14.2%
25.2%