29) McAfee Automobiles Manufacturing is considering two alternative investment proposals with the following data: Proposal X $10,500,00 Proposal Y Investment Useful life Estimated annual net cash inflows for 5 years Residual value Depreciation method $2,100,00 $52,000 Straight-line 13% $500,000 5 years $105,000 532,000 Straight-line 12% equired rate of return Calculate the accounting rate of return for Proposal Y. (Round any intermediate calculations and your final answer to two decimal places.) A) 13.87% B) 12.63% C) 4.29% D) 9.52%