A company is evaluating three possible investments. Each uses the straight-line method of depreciation. Following information is provided by the company: Project A $220,000 0 OA. 56.41% OB. 46.62% OC. 32.01% OD. 54.01% Project B $52,000 26,000 22,000 Project C $220,000 Investment Residual value Net cash inflows: Year 1 70,000 38,000 90,000 Year 2 70,000 29,000 60,000 Year 3 Year 4 70,000 25,000 70,000 70,000 22,000 70,000 30,000 0 Year 5 0 What is the accounting rate of return for Project B7 (Round your answer to two decimal places.) CED