ABC Corporation is considering two alternative investment proposals with the following data Proposal B Proposal A $810,000 8 years $130,000 $58,000 Straight-line 13% Investment Useful life Estimated annual net cash inflows for 8 years Residual value Depreciation method Required rate of retum $466,000 8 years $70,000 $ Straight-line 10% What is the accounting rate of retum for Proposal A? (Round any intermediary calculations to the nearest dollar, and round your final answer to the nearest hundredth of a percent. X.XX%.)