A particular company is evaluating whether or not to invest $300,000 in a five-year project. The project is estimated to return the following cash flows: Year Cash Flow $100,000 80,000 80,000 70,000 70,000 40,000 Residual Value The initial investment in the project is assumed to be made at the beginning of Year 1. The residual value of the project (a.k.a. the salvage value of the project) is assumed to be received at the end of Year 5. The annual project returns for Years 1 - 5 are assumed to be received evenly throughout each year. Given this information, what is the Accounting Rate of Return for this project? 6.67% 9.33% 4.44% 10.00% o 7.11%