A project that requires an investment of $42,000 is expected to generate $14,000 of net income in Year 1, $18,000 of net income in Year 2, and $21,000 of net income in Year 3. Operating cash flows expected in Year 1 are $30,000, with Year 2 as $26,000, and Year 3 as $27,000. What is the accounting rate of return for this investment?

a. 84.1%

b. 42.1%

c. 75.4%

d. 11.7%