A project has an initial cost of $74,000 and a four-year life. 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 $3,000, $4,400, $5,000, and $4,500 a year for the next four years, respectively. What is the average accounting return? O 22.84 percent 8.76 percent 11.42 percent 41.08 percent O 5.71 percent