A new project has an initial cost of $$157,000.$ The equipment will be depreciated on a straight$-$line basis to a book value of $$55,000$ at the end of the four$-$year life of the project. The projected net income each year is $$14,800,$ $$17,850,$ $$22,900,$ and $$14,700,$ respectively. What is the average accounting return?