A company is evaluating three possible investments. Each uses the straight-line method of depreciation. Following information is provided by the company Project A Project B Project C Investment $224,000 $50,000 $224,000 Residual value 0 12,000 20,000 Net cash inflows: Year 1 52,000 30,000 86,000 Year 2 52,000 21,000 56,000 Year 3 52,000 17,000 66,000 Year 4 52,000 14,000 26,000 Year 5 52,000 0 0 What is the accounting rate of return for Project B? (Round your answer to two decimal places.) O A 35.27% OB. 33.61% OC 35,48% D. 20.86%