A project has an initial cost of $27,000 and a three-year Jife. The company uses straight-line depreciation to a book value of zero over the life of the project. The projected net income from the project is $1,600, $2.200, and $1,700 a year for the next three years, respectively. What is the average accounting return? O 6.79 percent O 13.58 percent 7.35 percent O 1469 percent O 10 14 percent