Arnold Tools is considering an investment in specialized equipment costing $650,000. The useful life of the equipment is five years and residual value of $72,000. Depreciation is calculated using the straight-line method. The expected net cash flows for the investment are: Year 1 $210,000 Year 2 $159,000 Year 3 $160,000 Year 4 $ 95,000 Year 5 $136,000 Calculate Accounting Rate of Return. A. 6.09% B. 10.08% C. 12.90% OD. 14.07%