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 $200,000 $50,000 $200,000 Residual value 0 12,000 28,000 Net cash inflows: Year 1 64,000 38,000 92,000 Year 2 64,000 29,000 62,000 Year 3 64,000 25,000 72,000 Year 4 64,000 22,000 32,000 Year 5 64,000 0 0 What is the accounting rate of return for Project B? (Round your answer to two decimal places.) A. 40.26% B. 61.29% C. 27.64% D. 58.05% ...