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 $222,000 $50,000 $222,000 Residual value 0 24,000 40,000 Net cash inflows: Year 1 68,000 26,000 98,000 Year 2 68,000 17,000 68,000 Year 3 68,000 13,000 78,000 Year 4 68,000 10,000 38,000 Year 5 68,000 0 0 What is the accounting rate of return for Project B? (Round your answer to two decimal places.) A. 22.36% B. 27.03% C. 25.82% D. 43.12%