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Julian Corporation is considering two alternative investment proposals with the following dat Proposal Proposal Investment S 812.500 $ 390,000 Useful life 8 years 8 years Estimated annual net cash inflows for 8 years $ 125.000 $ 78,000 Residual value S 40,000 S 0 Depreciation method Straight-line Straight-line Required rate of return 14% 10% What is the accounting rate of return for Proposal X